Legal Opinion
Commonwealth Commercial State Bank v. Lucas
Court of Appeals for the D.C. Circuit
Decided May 5, 1930No. 4941PublishedCited by 4 opinions
1Opinion of the Court
ROBB, Associate Justice.
Appeal from a decision by the Board of Tax Appeals involving income taxes for the *112calendar year 1921 in the amount of $3,358.08.
On July 10, 1916, appellant, located at Detroit, Mich., purchased Imperial Russian Government 6% per cent, bonds, at par value of $40,000. On May 31, 1917, if purchased Imperial Russian Government 5% per cent, bonds at par value of $11,000.
In March, 1917, the Imperial Russian .Government was overthrown, and in 1918 the Soviet Government repudiated the financial obligations of the Imperial Government, in-eluding the above-mentioned bonds then…
2Cases cited13 opinions
- National Lead Co. v. United StatesSupreme Court of the United States · 1920
- United States v. Cerecedo Hermanos Y CompañiaSupreme Court of the United States · 1908
- United States v. HealeySupreme Court of the United States · 1895
- Logan v. DavisSupreme Court of the United States · 1914
- Robertson v. DowningSupreme Court of the United States · 1888
8 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- McClain v. CommissionerSupreme Court of the United States · 1941
- Carl Marks & Co. v. Union of Soviet Socialist RepublicsDistrict Court, S.D. New York · 1987
- Pacific Nat. Bank v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1937
- CITIZENS'NAT. BANK v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1935