Bowersock Mills & Power Co. v. Commissioner of Int. Rev.

172 F.2d 904 (1949)

BOWERSOCK MILLS & POWER CO.

v.

COMMISSIONER OF INTERNAL REVENUE.

No. 3673.

United States Court of Appeals Tenth Circuit.

February 9, 1949.

John G. Madden, of Kansas City, Mo. (James E. Burke and Frank Brockus, both of Kansas City, Mo., on the brief), for petitioner.

S. Dee Hanson, of Washington, D. C. (Theron Lamar Caudle, George A. Stinson, Ellis Slack and Fred E. Youngman, all of Washington, D. C., on the brief), for respondent.

Before PHILLIPS, Chief Judge, HUXMAN and MURRAH, Circuit Judges.

MURRAH, Circuit Judge.

The only question presented by this appeal is whether, for income…