Legal Opinion
Garrison Co. v. Commissioner
Court of Appeals for the Eighth Circuit
Decided January 25, 1932No. 9181PublishedCited by 1 opinion
1Opinion of the Court
BOOTH, Circuit Judge.
This is a petition for review of a decision of the Board of Tax Appeals, and involves redetermination of income and profits taxes of the petitioner for the year 1920.
The question of the value of petitioner’s depreciable assets, which was also before the Board of Tax Appeals and was covered by its decision, is not involved on this appeal.
The short facts are as follows: The petitioner was incorporated under the laws of the state of Arkansas in 1919, having 2,000 shares of capital stock of $100 par value. Five individuals subscribed for 999 shares of the stock and paid for…
2Cases cited7 opinions
- Memphis & Little Rock Railroad v. DowSupreme Court of the United States · 1887
- Bank of Commerce v. GoolsbySupreme Court of Arkansas · 1917
- Bank of Dermott v. MeaselSupreme Court of Arkansas · 1926
- Bank of Manila v. WallaceSupreme Court of Arkansas · 1928
- Ellis v. Jonesboro Trust Co.Supreme Court of Arkansas · 1929
2 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Angelus Building & Investment Co. v. Com'r of Int. Rev.Court of Appeals for the Ninth Circuit · 1932