Legal Opinion
Maloney v. Portland Associates, Inc.
Court of Appeals for the Ninth Circuit
Decided January 22, 1940No. 9197PublishedCited by 4 opinions
1Opinion of the Court
HANEY, Circuit Judge.
Appellant suffered a judgment rendered against him for an alleged illegal exaction from appellee for stamp taxes and appeals.
Appellee was organized as an Oregon corporation on April 6, 1931, with an authorized capital of $350,000 consisting of 350,000 shares of stock having a par value of $1 each. On May 1, 1931, each of four persons subscribed for one share of'stock. In addition, one C. R. Griffith subscribed for all the remaining stock (349,996 shares) upon the condition that appellee would accept as payment therefor a lease covering certain real, property in Wyoming,…
2Cases cited17 opinions
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- Treat v. WhiteSupreme Court of the United States · 1901
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- United States v. PleasantsSupreme Court of the United States · 1939
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3Cited by4 opinions
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