Legal Opinion
Trenton Cotton Oil Co. v. Commissioner of Internal Revenue
Court of Appeals for the Sixth Circuit
Decided February 8, 1945No. 9799PublishedCited by 40 opinions
1Opinion of the Court
HAMILTON, Circuit Judge.
Petitioner, a Tennessee corporation, is engaged in the business of operating a cottonseed oil mill for the production of crude cottonseed oil and by-products. Its business is seasonal manufacturing operations extending from approximately mid-September to mid-March.
Petitioner acquires the cottonseed from ginners in approximately 100-ton lots graded and carrying a base price subject to adjustment when analyzed upon delivery. It frequently makes loans to ginners in advance of the ginning season conditioned that such borrowers will offer their seed when produced to…
2Cases cited8 opinions
- Old Colony Railroad v. CommissionerSupreme Court of the United States · 1932
- Richardson v. ShawSupreme Court of the United States · 1908
- Maillard v. LawrenceSupreme Court of the United States · 1854
- Portland Oil Co. v. Commissioner of Internal RevenueCourt of Appeals for the First Circuit · 1940
- Lessee of Levy v. McCarteeSupreme Court of the United States · 1832
3 more not listed; retrieve them via the Exa API.
3Cited by40 opinions
- Corn Products Refining Co. v. CommissionerSupreme Court of the United States · 1956
- Smith v. CommissionerUnited States Tax Court · 1982
- June Pinson Carlton and Charles T. Carlton, as Administrators of the Estate of Thad H. Carlton, and June Carlton v. United StatesCourt of Appeals for the Fifth Circuit · 1967
- Redwing Carriers, Inc. v. TomlinsonCourt of Appeals for the Fifth Circuit · 1968
- Century Electric Co. v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1951
35 more not listed; retrieve them via the Exa API.