Legal Opinion
Du Pont v. Commissioner
Court of Appeals for the Third Circuit
Decided June 24, 1938No. 6453PublishedCited by 3 opinions
1Opinion of the Court
BIGGS, Circuit Judge.
The petitioner purchased prior to the year 1932, the taxable year in question, 5,-800 shares of the common stock of General Motors Corporation, 15,600 shares of the common stock of E. I. duPont de Nemours & Company, 6,500 shares of the common stock of McKeesport Tin Plate Company, and 400 shares of the common stock of United Aircraft & Transport Company. Certificates for these shares were in the possession of the petitioner’s brokers, carried in long accounts. All of the stock referred to was acquired by the petitioner more than two years prior to October 11, 1932.
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2Cases cited4 opinions
- Cornell v. CoyneSupreme Court of the United States · 1904
- Strathearn Steamship Co. v. DillonSupreme Court of the United States · 1920
- Provost v. United StatesSupreme Court of the United States · 1926
- Farr v. CommissionerUnited States Board of Tax Appeals · 1935
3Cited by3 opinions
- Helvering v. Wilmington Trust Co.Court of Appeals for the Third Circuit · 1941
- Kansas City v. Travelers Insurance CompanyMissouri Court of Appeals · 1955
- Du Pont v. CommissionerCourt of Appeals for the Third Circuit · 1940