Agricultural Sec. Corp. v. Commissioner

AGRICULTURAL SECURITIES CORPORATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

MARY W. STEWART, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

A. O. STEWART, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Agricultural Sec. Corp. v. Commissioner

Docket Nos. 87668, 90569, 90570.

United States Board of Tax Appeals

39 B.T.A. 1103; 1939 BTA LEXIS 936;

May 25, 1939, Promulgated

Gains resulting from transactions in joint stock land bank bonds issued under the Federal Farm Loan Act held taxable.

W. G. Harmon, Esq., Ernest L. Wilkinson, Esq., John W. Cragun, Esq.,…