Cleveland Trust Co. v. Commissioner
United States Board of Tax Appeals
1. Held that a certain so-called trust agreement created a relationship of agency. N. H. Boynton,11 B.T.A. 1352, followed. 2. Where the owner of certain identifiable stock certificates establishes that he sold and delivered the same certain certificates, he is entitled to deduct the loss thereby sustained.
1Opinion of the Court
THE CLEVELAND TRUST COMPANY, EXECUTOR OF THE ESTATE OF E. C. HENN, DECEASED, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
DORA V. HENN, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Cleveland Trust Co. v. Commissioner
Docket Nos. 13227, 26919.
United States Board of Tax Appeals
24 B.T.A. 132; 1931 BTA LEXIS 1688;
September 24, 1931, Promulgated
1. Held that a certain so-called trust agreement created a relationship of agency. N. H. Boynton,11 B.T.A. 1352, followed.
2. Where the owner of certain identifiable stock certificates establishes that he sold and delivered the…
2Cases cited2 opinions
- Boynton v. CommissionerUnited States Board of Tax Appeals · 1928
- Cleveland Trust Co. v. CommissionerUnited States Board of Tax Appeals · 1931