Nebraska Bridge Supply & Lumber Co. v. Commissioner
United States Board of Tax Appeals
Lands owned by petitioner in two counties in Arkansas were sold to the state for taxes at a regular tax sale in 1932. State law required county clerk to make out certificate of sale to state for all lands purchased by it and provided that title to lands embraced in certificate should vest in the state upon its being recorded in the recorder's office. In 1934, the county clerk of one county executed certificate of sale to state covering lands in that county.
Read the full summary
Lands owned by petitioner in two counties in Arkansas were sold to the state for taxes at a regular tax sale in 1932. State law required county clerk to make out certificate of sale to state for all lands purchased by it and provided that title to lands embraced in certificate should vest in the state upon its being recorded in the recorder's office. In 1934, the county clerk of one county executed certificate of sale to state covering lands in that county. The certificate covering the lands in the other county was not executed until 1935. Held: (1) The loss of petitioner's lands resulted…
1Opinion of the Court
NEBRASKA BRIDGE SUPPLY & LUMBER COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Nebraska Bridge Supply & Lumber Co. v. Commissioner
Docket No. 90846.
United States Board of Tax Appeals
40 B.T.A. 40; 1939 BTA LEXIS 906;
June 7, 1939, Promulgated
Lands owned by petitioner in two counties in Arkansas were sold to the state for taxes at a regular tax sale in 1932. State law required county clerk to make out certificate of sale to state for all lands purchased by it and provided that title to lands embraced in certificate should vest in the state upon its being recorded in the…
2Cases cited1 opinion
- Nebraska Bridge Supply & Lumber Co. v. CommissionerUnited States Board of Tax Appeals · 1939