City of Galveston, Tex. v. United States

GREEN, Judge.

The plaintiff is a municipal corporation and during the period involved in this case was the owner of one-third of a water front property which by agreement was operated by the Galveston Wharf Company as a public wharf. During the years involved, namely, 1920, 1921," 1923, 1924, 1926, 1927, 1928, 1929, and 1930, the defendant assessed and collected from the wharf company income taxes on all of the profits resulting from the operation of the property. Beginning with the year 1924, part of the taxes so collected was refunded to plaintiff as will be more specifically stated…