Legal Opinion
Crocker v. Lucas
Court of Appeals for the Ninth Circuit
Decided January 13, 1930No. 5859PublishedCited by 5 opinions
1Opinion of the Court
RUDKIN, Circuit Judge.
Between the years 1899 and 1902, the petitioner acquired all of the capital stock of the Modelo Oil Company,’ a California corporation, and loaned money to the corporation, taking notes therefor. Some time prior to March 1,1913, the loans thus made reached an aggregate of $147,681.59. In 1921 the corporation sold all of its assets for the sum of $75,000, and the amount thus realized was paid to the petitioner, leaving an unpaid balance due on the notes, amounting to the sum of $69,231.59. During 1921 this unpaid balance was ascertained to be worthless and charged off,…
2Cases cited3 opinions
- Maryland Casualty Co. v. United StatesSupreme Court of the United States · 1920
- New York, New Haven & Hartford Railroad v. Interstate Commerce CommissionSupreme Court of the United States · 1906
- Ayer v. BlairCourt of Appeals for the D.C. Circuit · 1928
3Cited by5 opinions
- Long v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1938
- Pacific Nat. Bank v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1937
- Automobile Club of Michigan v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1956
- Automobile Club of Michigan v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1956
- Long v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1938