Legal Opinion
Arthur Rohman and Jevne Shepherd Rohman, as Co-Trustees of Ida S. Shepherd Trust v. United States
Court of Appeals for the Ninth Circuit
Decided February 10, 1960No. 16423PublishedCited by 8 opinions
1Opinion of the Court
JAMESON, District Judge.
In 1907, 13 persons bought a piece of real estate from John Widney, who conveyed the property in trust to Title Insurance & Trust Company. The seller, purchasers, and trust company joined in a declaration of trust, which designated Widney as “payee”, the purchasers as “beneficiaries,” and the trust company as “trustee.” It recited that the balance of the purchase price in the amount of $45,000 was payable at the rate of $15,-000 a year for the succeeding three years, and provided in part:
- “That the said trustee holds and will hold said property for the purpose of…
2Cases cited9 opinions
- Morrissey v. CommissionerSupreme Court of the United States · 1935
- Helvering v. Coleman-Gilbert AssociatesSupreme Court of the United States · 1935
- Title Insurance & Trust Co. v. Commissioner of Int. Rev.Court of Appeals for the Ninth Circuit · 1938
- Commissioner of Internal Revenue v. GerstleCourt of Appeals for the Ninth Circuit · 1938
- Helm & Smith Syndicate v. Com'r of Internal RevenueCourt of Appeals for the Ninth Circuit · 1943
4 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- In Re Tru Block Concrete Products, Inc.United States Bankruptcy Court, S.D. California · 1983
- Anesthesia Service Medical Group, Inc. v. CommissionerUnited States Tax Court · 1985
- In Re Sung Soo Rim Irrevocable Intervivos TrustUnited States Bankruptcy Court, C.D. California · 1995
- Abraham v. United StatesDistrict Court, W.D. Tennessee · 1967
- Bank of America National Trust and Savings Association, as Trustee of Fox Oil Company Trusts v. United StatesCourt of Appeals for the Ninth Circuit · 1977
3 more not listed; retrieve them via the Exa API.