Legal Opinion
Plaut v. Smith
District Court, D. Connecticut
Decided January 6, 1949No. Civil Action 963PublishedCited by 6 opinions
1Opinion of the Court
HINCKS, Chief Judge.
This action grows out of a controversy over the valuation of common stock of the Lehn and Fink Products Corporation, hereinafter referred to as “L. F.”, — a Delaware, corporation engaged on a nation-wide scale in the business of manufacturing drugs, of selling the same at wholesale, and of selling at retail certain proprietary products.
During the year 1938 the plaintiff sold part of his holdings of L. F. common stock: from the sale he realized $133,-836.50. In his income tax return for that year he reported that the shares thus sold had a cost basis to him of only…
2Cases cited18 opinions
- Bank of California v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1943
- Mahler v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1941
- Williams v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1930
- In re the Transfer Tax upon the Estate of DupignacNew York Surrogate's Court · 1924
- Robertson v. RoutzahnCourt of Appeals for the Sixth Circuit · 1935
13 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- President of the Manhattan Co. v. ArmourSupreme Court of New Jersey · 1953
- Central Trust Co. v. United StatesUnited States Court of Claims · 1962
- Northwest Greyhound Lines, Inc. v. McCornackWashington Supreme Court · 1952
- John J. Louis, Jr., and Harris Trust & Savings Bank, Executors of the Will of John J. Louis, Deceased v. United StatesCourt of Appeals for the Seventh Circuit · 1966
- President of the Manhattan Co. v. ArmourSupreme Court of New Jersey · 1953
1 more not listed; retrieve them via the Exa API.