Graham v. Commissioner
United States Tax Court
Between March 1947 and March 1954 petitioner acquired a net number of 40,000 shares of stock in the New York Central Railroad Co. Prior to 1955 petitioner was a practicing physician in Baltimore and during 1955 and subsequent years he was the comptroller of Baltimore, which was an elective office. During 1954 petitioner and 14 other individuals and Alleghany Corp. solicited proxies from stockholders of Central in an effort to unseat the then board of directors.
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Between March 1947 and March 1954 petitioner acquired a net number of 40,000 shares of stock in the New York Central Railroad Co. Prior to 1955 petitioner was a practicing physician in Baltimore and during 1955 and subsequent years he was the comptroller of Baltimore, which was an elective office. During 1954 petitioner and 14 other individuals and Alleghany Corp. solicited proxies from stockholders of Central in an effort to unseat the then board of directors. It was agreed by Alleghany and such individuals that the cost of the proxy solicitation would be borne by Alleghany and such 15…
1Opinion of the Court
R. Walter Graham, Jr., and Dorothy H. Graham, Petitioners, v. Commissioner of Internal Revenue, Respondent
Graham v. Commissioner
Docket No. 91430
United States Tax Court
40 T.C. 14; 1963 U.S. Tax Ct. LEXIS 157;
April 10, 1963, Filed
Decision will be entered for the respondent.
Between March 1947 and March 1954 petitioner acquired a net number of 40,000 shares of stock in the New York Central Railroad Co. Prior to 1955 petitioner was a practicing physician in Baltimore and during 1955 and subsequent years he was the comptroller of Baltimore, which was an elective office. During 1954 petitioner and…
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- Arrowsmith v. CommissionerSupreme Court of the United States · 1952
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- United States v. PatrickSupreme Court of the United States · 1963
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