Brewer v. Commissioner
United States Board of Tax Appeals
1. Taylor Oil & Gas Co.,15 B.T.A. 609 followed. 2. Henry Cappellini et al.,14 B.T.A. 1269 followed. 3. Henry Cappellini et al.,16 B.T.A. 802 followed. 4. Where a stockholder in a corporation about to be dissolved transferred his stock to petitioner for the sole purpose of having petitioner represent him at the final stockholders' meeting, to receive the proceeds of such stock and turn the same over to him, and where shortly after receiving such payment the petitioner paid…
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1. Taylor Oil & Gas Co.,15 B.T.A. 609 followed. 2. Henry Cappellini et al.,14 B.T.A. 1269 followed. 3. Henry Cappellini et al.,16 B.T.A. 802 followed. 4. Where a stockholder in a corporation about to be dissolved transferred his stock to petitioner for the sole purpose of having petitioner represent him at the final stockholders' meeting, to receive the proceeds of such stock and turn the same over to him, and where shortly after receiving such payment the petitioner paid such stockholder the amount due him, held that the right of said stockholder to the proceeds of his stock was absolute and…
1Opinion of the Court
JOHN ROBERT BREWER, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Brewer v. Commissioner
Docket No. 25411.
United States Board of Tax Appeals
17 B.T.A. 713; 1929 BTA LEXIS 2250;
September 30, 1929, Promulgated
1. Taylor Oil & Gas Co.,15 B.T.A. 609 followed.
2. Henry Cappellini et al.,14 B.T.A. 1269 followed.
3. Henry Cappellini et al.,16 B.T.A. 802 followed.
4. Where a stockholder in a corporation about to be dissolved transferred his stock to petitioner for the sole purpose of having petitioner represent him at the final stockholders' meeting, to receive the proceeds of such stock and…
2Cases cited17 opinions
- Hollins v. Brierfield Coal & Iron Co.Supreme Court of the United States · 1893
- Werlein v. New OrleansSupreme Court of the United States · 1900
- Dawson v. HoltTexas Supreme Court · 1875
- Cappellini v. CommissionerUnited States Board of Tax Appeals · 1929
- Watkins v. HallTexas Supreme Court · 1882
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