Legal Opinion
Cowden v. Commissioner
Court of Appeals for the Fifth Circuit
Decided April 12, 1961No. 18294PublishedCited by 25 opinions
1Opinion of the Court
JONES, Circuit Judge.
We here review a decision of the Tax Court by which a determination was made of federal income tax liability of Frank Cowden, Sr., his wife and their children, for the years 1951'and 1952. In April 1951, Frank Cowden, Sr. and his wife made an oil, gas and mineral lease for themselves and their children upon described lands in Texas to Stanolind Oil and Gas Company. By related supplemental agreements, Stanolind agreed to make “bonus” or “advance royalty” payments in an aggregate amount of $511,-192.50. On execution of the instruments $10,223.85 was payable, the sum of…
2Cases cited27 opinions
- Gregory v. HelveringSupreme Court of the United States · 1935
- Burnet v. HarmelSupreme Court of the United States · 1932
- Knetsch v. United StatesSupreme Court of the United States · 1960
- Palmer v. BenderSupreme Court of the United States · 1932
- United States v. PhellisSupreme Court of the United States · 1921
22 more not listed; retrieve them via the Exa API.
3Cited by25 opinions
- In the Matter of Charles A. Steen, Debtor. Dick Dimond, Trustee v. United StatesCourt of Appeals for the Ninth Circuit · 1975
- Warren Jones Company v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1975
- Warren Jones Co. v. CommissionerUnited States Tax Court · 1973
- John E. Reed v. Commissioner of Internal RevenueCourt of Appeals for the First Circuit · 1983
- Schniers v. CommissionerUnited States Tax Court · 1977
20 more not listed; retrieve them via the Exa API.