Legal Opinion
Watts v. Commissioner of Internal Revenue
Court of Appeals for the Second Circuit
Decided March 4, 1935No. 91-93PublishedCited by 9 opinions
1Opinion of the Court
CHASE, Circuit Judge.
As the petitions all raise the same questions and were argued together, one opinion will be sufficient to dispose of them.
In December, 1924, the three petitioners, owning all of the stock of United States Ferro Alloys Corporation, a corporation to be hereafter designated merely as Alloys, exchanged all of their stock for stock in tthe Vanadium Corporation of America, a corporation which will herein be called Vanadium, and for mortgage bonds of Alloys which were guaranteed both as to the payment of principal and of interest by Vanadium. The contract was made in behalf of…
2Cases cited12 opinions
- Norwegian Nitrogen Products Co. v. United StatesSupreme Court of the United States · 1933
- Pinellas Ice & Cold Storage Co. v. CommissionerSupreme Court of the United States · 1933
- Zellerbach Paper Co. v. HelveringSupreme Court of the United States · 1934
- National Lead Co. v. United StatesSupreme Court of the United States · 1920
- United States v. Dakota-Montana Oil Co.Supreme Court of the United States · 1933
7 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Hewitt Realty Co. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1935
- Minnesota Tea Co. v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1935
- Commissioner of Internal Revenue v. TyngCourt of Appeals for the Second Circuit · 1939
- Lilienthal v. COMMISSIONER OF INTERNAL REVENUECourt of Appeals for the Ninth Circuit · 1935
- Ballwood Co. v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1936
4 more not listed; retrieve them via the Exa API.