Centennial Oil Co. v. Thomas

109 F.2d 359 (1940)

CENTENNIAL OIL CO.

v.

THOMAS, Collector of Internal Revenue.

No. 9217.

Circuit Court of Appeals, Fifth Circuit.

January 19, 1940.

Harry C. Weeks and R. B. Cannon, both of Fort Worth, Tex., for appellant.

Lee A. Jackson and Sewall Key, Sp. Assts. to Atty. Gen., Samuel O. Clark, Jr., Asst. Atty. Gen., Clyde O. Eastus, U. S. Atty., of Fort Worth, Tex., and John A. Erhard, Asst. U. S. Atty., of Dallas, Tex., for appellee.

Before SIBLEY, HUTCHESON, and HOLMES, Circuit Judges.

SIBLEY, Circuit Judge.

Centennial Oil Company, after doing business for two and a half years, had accumulated…