Legal Opinion
Helvering v. Northwest Bancorporation
Court of Appeals for the Eighth Circuit
Decided February 16, 1944No. 12654PublishedCited by 7 opinions
1Opinion of the Court
JOHNSEN, Circuit Judge.
The sole question is whether a written contract executed by Northwest Bancorporation on December 30, 1933, which prohibited it from paying any dividends, “except stock dividends”, until the conditions on which Reconstruction Finance Corporation had rendered financial assistance to some of the unit banks in the Bancorporation system had been fulfilled,1 was such a restriction upon dividend payment as entitled Bancorporation to the credit provided for in section 26(c) (1) of the Revenue Act of 1936,2 and so relieved it from liability for surtaxes under section 14(b) of…
2Cases cited9 opinions
- Eisner v. MacOmberSupreme Court of the United States · 1920
- Eisner, Internal Revenue Collector v. MacOmberSupreme Court of the United States · 1919
- Helvering v. Northwest Steel Rolling Mills, Inc.Supreme Court of the United States · 1940
- Koshland v. HelveringSupreme Court of the United States · 1936
- Helvering v. GriffithsSupreme Court of the United States · 1943
4 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Kaufmann Department Stores Securities Corp. v. CommissionerCourt of Appeals for the Third Circuit · 1944
- Harding Glass Co. v. CommissionerCourt of Appeals for the Eighth Circuit · 1944
- United States v. Hillcrest Inv. Co.Court of Appeals for the Eighth Circuit · 1945
- Northwestern Steel & Wire Co. v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1945
- Commissioner of Internal Revenue v. Midland Electric Coal Corp.Court of Appeals for the Seventh Circuit · 1945
2 more not listed; retrieve them via the Exa API.