Legal Opinion
Tonopah Mining Co. v. Commissioner
Court of Appeals for the Third Circuit
Decided March 17, 1942No. 7812PublishedCited by 6 opinions
1Opinion of the Court
CLARK, Circuit Judge.
The petitioner is and has been since 1901 the owner of a gold and silver mine in Nevada. Petitioner operated the mine until it closed temporarily in February, 1930. The mine was reopened in October of that year under a plan whereby certain areas were leased to small groups of miners on a royalty basis. Petitioner had one other source of income. Prior to its leasing of the mine, it was able to recover only about 95% of the metals from the ore. The balance of 5% went into the tailings dump on petitioner’s property. Methods of recovery then improved and it became feasible…
2Cases cited9 opinions
- J. E. Riley Investment Co. v. CommissionerSupreme Court of the United States · 1940
- Bankers Pocahontas Coal Co. v. BurnetSupreme Court of the United States · 1932
- Stanton v. Baltic Mining Co.Supreme Court of the United States · 1916
- Scott v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1941
- Atlas Milling Co. v. JonesCourt of Appeals for the Tenth Circuit · 1940
4 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- John Factor v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1960
- Julian Lentin v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1956
- McCarthy v. CommissionerCourt of Appeals for the Seventh Circuit · 1943
- Central-Penn Nat. Bank of Philadelphia v. PortnerCourt of Appeals for the Third Circuit · 1953
- Central-Penn Nat. Bank of Philadelphia v. PortnerCourt of Appeals for the Third Circuit · 1953
1 more not listed; retrieve them via the Exa API.