Pure Transportation Company, an Ohio Corporation v. Commissioner of Internal Revenue

SCHNACKENBERG, Circuit Judge.

Pure Transportation Company, an Ohio corporation, petitioner (sometimes called Transportation), appeals from a decision of the Tax Court of the United States, which ordered and decided that petitioner is not entitled to relief from excess profits taxes for the taxable years 1943, 1944 and 1945, under the provisions of 26 U.S.C.A. § 722, Internal Revenue Code of 1939.

Wabash Pipe Line Company (hereinafter called Wabash) was organized on August 6, 1937. It operated solely in southeastern Illinois. From October 15, 1937 until June 30, 1941, when it merged with…