Legal Opinion
Emerald Oil Co. v. Commissioner of Internal Revenue
Court of Appeals for the Tenth Circuit
Decided September 5, 1934No. 1035PublishedCited by 24 opinions
1Opinion of the Court
PHILLIPS, Circuit Judge.
This is a petition to review a decision of the Board of Tax Appeals involving income taxes of the Emerald Company for the years 1923 to 1925, and 1807 to 1929', inclusive.
The Emerald Company is a Utah corporation with its principal office and place of business at Vernal in that state. Prior to 1913 it acquired about 2,800 acres of oil lands in the Rangeley Field located in the Uintah Basin, which is 50 miles from Vernal and about 125 miles from railroad facilities. By March 1, 1913, the Emerald Company had drilled 11 or 12 wells thereon, which were each producing an…
2Cases cited19 opinions
- Sharp v. United StatesSupreme Court of the United States · 1903
- Murphy Oil Co. v. BurnetSupreme Court of the United States · 1932
- Tracy v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1931
- Murphy Oil Co. v. BurnetCourt of Appeals for the Ninth Circuit · 1932
- Uncasville Mfg. Co. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1932
14 more not listed; retrieve them via the Exa API.
3Cited by24 opinions
- Janeway v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1945
- Storley v. Armour & Co.Court of Appeals for the Eighth Circuit · 1939
- United States v. Regents of New Mexico School of MinesCourt of Appeals for the Tenth Circuit · 1950
- Phipps v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1942
- Gamble v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1939
19 more not listed; retrieve them via the Exa API.