Legal Opinion
United States v. Hardy
Court of Appeals for the Fourth Circuit
Decided January 8, 1935No. 3658PublishedCited by 21 opinions
1Opinion of the Court
SOPER, Circuit Judge.
This suit in equity was brought by the United States to recover the sum of $15,622.-95 as a deficiency in the income and profit taxes for the year 1918 of the Harris-Hardy Company, a West Virginia corporation, on the ground that the defendants, as stockholders of the company, became transferees of its assets upon its dissolution on June 9, 1919. The defense on the merits was that in the year 1918 the company had suffered a permanent loss in relation to an exclusive sales agency which it controlled, and was therefore entitled in computing its'net income to a deduction…
2Cases cited17 opinions
- United States v. S. S. White Dental Manufacturing Co.Supreme Court of the United States · 1927
- Farmers' Loan & Trust Co. v. Lake Street Elevated RailroadSupreme Court of the United States · 1900
- Burnet v. Willingham Loan & Trust Co.Supreme Court of the United States · 1931
- Linn & Lane Timber Co. v. United StatesSupreme Court of the United States · 1915
- De Loss v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1928
12 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- Bomar v. KeyesCourt of Appeals for the Second Circuit · 1947
- Rhodes v. CommissionerCourt of Appeals for the Sixth Circuit · 1939
- Isaacks v. JeffersCourt of Appeals for the Tenth Circuit · 1944
- The Citizens Bank of Weston v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1958
- The Moore Company of Sikeston, Missouri, a Corporation, and J. E. Moore, Jr. v. Sid Richardson Carbon & Gasoline Company, a CorporationCourt of Appeals for the Eighth Circuit · 1965
16 more not listed; retrieve them via the Exa API.