Legal Opinion
Bell v. United States
District Court, M.D. Pennsylvania
Decided May 7, 1954No. Civ. A. No. 4148PublishedCited by 4 opinions
1Opinion of the Court
WATSON, Chief Judge.
In this action the plaintiff seeks to recover income tax alleged to have been overpaid in the year 1944.
An agreed statement of facts, with exhibits attached thereto, was filed by the parties. The case was tried by the Court without a jury.
Discussion
In 1927 the plaintiff, Grant L. Bell, purchased 145 shares of the Payne Coal Company stock for $100 per share, and in the following year he acquired an additional 105 shares at the same price. At this time the authorized capital stock of this Pennsylvania corporation was 2,000 shares, of which 1,500 were eventually issued. These…
2Cases cited2 opinions
- Spring City Foundry Co. v. CommissionerSupreme Court of the United States · 1934
- First Nat. Bk. of Scranton v. PayneSupreme Court of Pennsylvania · 1944
3Cited by4 opinions
- First National Bank v. SmithDistrict Court, E.D. Pennsylvania · 1956
- Bell v. United StatesCourt of Appeals for the Third Circuit · 1954
- Grant L. Bell v. United StatesCourt of Appeals for the Third Circuit · 1954
- In Re ForteUnited States Bankruptcy Court, E.D. New York · 1999