Legal Opinion
Jones v. Commissioner of Internal Revenue
Court of Appeals for the Ninth Circuit
Decided June 2, 1939No. 8952PublishedCited by 24 opinions
1Opinion of the Court
GARRECHT, Circuit Judge.
In 1927, 1928 and 1929, Clayton R. Jones acquired 235 shares of the stock of the Hibernia Commercial & Savings Bank of Portland, Oregon, for himself, and 70 shares for W. J. Jones & Son, Inc., a total of 305 shares. The 235 shares of said stock cost Clayton R. Jones $32,920, and the 70 shares thereof cost W. J. Jones & Son, Inc., $12,000.
The Board of Tax Appeals made findings of fact, substantially as follows:
Certain assets of the Hibernia Commercial & Savings Bank were not satisfactory to the State Banking Commissioner of Oregon and, late in 1928, the Hibernia…
2Cases cited20 opinions
- Welch v. HelveringSupreme Court of the United States · 1933
- Old Colony Trust Co. v. CommissionerSupreme Court of the United States · 1929
- Lucas v. American Code Co.Supreme Court of the United States · 1930
- Helvering v. National Grocery Co.Supreme Court of the United States · 1938
- United States v. S. S. White Dental Manufacturing Co.Supreme Court of the United States · 1927
15 more not listed; retrieve them via the Exa API.
3Cited by24 opinions
- Morton v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1940
- Charles W. Steadman and Dorothy F. Steadman v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1970
- A. Giurlani & Bro. v. Com'r of Int. Rev.Court of Appeals for the Ninth Circuit · 1941
- Hadley Falls Trust Co. v. United StatesCourt of Appeals for the First Circuit · 1940
- City Ice Delivery Co. v. United StatesCourt of Appeals for the Fourth Circuit · 1949
19 more not listed; retrieve them via the Exa API.