Legal Opinion
Central R. Co. of New Jersey v. Commissioner of Internal Revenue
Court of Appeals for the Third Circuit
Decided September 24, 1935No. 5531PublishedCited by 26 opinions
1Opinion of the Court
DAVIS, Circuit Judge.
The question in this case is whether or not the value of certain property received by the taxpayer, the Central Railroad Company of New Jersey, in settlement oí a suit in equity is income to the taxpayer in the year in which it was received.
For a number of years, prior to 1921, Henry L. Joyce was the executive officer of the taxpayer in charge of its New York Marine Department. He was intrusted with considerable responsibility and authority.
While he was an official in the employ of the taxpayer, Joyce and Harry B. James caused the organization of the Railroad Stevedoring…
2Cases cited12 opinions
- Eisner v. MacOmberSupreme Court of the United States · 1920
- Gould v. GouldSupreme Court of the United States · 1917
- Eisner, Internal Revenue Collector v. MacOmberSupreme Court of the United States · 1919
- Irwin v. GavitSupreme Court of the United States · 1925
- Merchants' Loan & Trust Co. v. SmietankaSupreme Court of the United States · 1921
7 more not listed; retrieve them via the Exa API.
3Cited by26 opinions
- Raytheon Production Corp. v. Commissioner of Int. Rev.Court of Appeals for the First Circuit · 1944
- H. Liebes & Co. v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1937
- Commissioner of Internal Revenue v. Glenshaw Glass Co. Commissioner of Internal Revenue v. William Goldman Theatres, IncCourt of Appeals for the Third Circuit · 1954
- Commissioner of Internal Revenue v. Obear-Nester Glass CompanyCourt of Appeals for the Seventh Circuit · 1954
- General American Investors Co. v. CommissionerUnited States Tax Court · 1952
21 more not listed; retrieve them via the Exa API.