Pann v. United States

WILBUR, Circuit Judge.

This action was brought by the government against William P. Pann, Jane Doe Pann, and Helen Donald to collect income tax and excess profit tax, based upon the returns of the Angeles Brokerage Company, a corporation, amounting to $1,435.03. It is alleged that the corporation had ceased doing business and dissolved subsequent to December 31, 1919, and that upon the dissolution its property was sold and distributed among the defendants, stockholders, leaving the corporation without assets. The defendants joined in an answer admitting the incorporation of the Angeles…