Legal Opinion
Spreckels-Rosekrans Inv. Co. v. Lewis
Court of Appeals for the Ninth Circuit
Decided January 24, 1945No. 10739PublishedCited by 4 opinions
1Opinion of the Court
HEALY, Circuit Judge.
In 1917 the Chase National Bank caused Chase Securities Corporation to be organized for the purpose of dealing in securities, that being á type' of business in which the Bank itself could not legally engage. The Bank provided capital for the affiliate by declaring a special dividend in its favor in return for the issuance by the affiliate of *983all its capital stock pro rata to the stockholders of the Bank. The stockholders surrendered their certificates and received in return instruments with the certificates of stock in the Bank and the Securities Corporation printed on…
2Cases cited3 opinions
- De Coppet v. HelveringCourt of Appeals for the Second Circuit · 1940
- Commissioner v. HagermanCourt of Appeals for the Third Circuit · 1939
- Hagerman v. CommissionerUnited States Board of Tax Appeals · 1936
3Cited by4 opinions
- The Inter-State National Bank of Kansas City v. Frank Luther, Trustee, Matter of Garden Grain & Seed Company, Inc., BankruptCourt of Appeals for the Tenth Circuit · 1955
- Piedmont Publishing Co. v. RogersCalifornia Court of Appeal · 1961
- Warren v. Commissioner of Internal RevenueCourt of Appeals for the First Circuit · 1952
- Darby v. Shawnee Southwest, Inc.District Court, W.D. Oklahoma · 1975