Legal Opinion
RICHARDS'ESTATE v. Commissioner of Internal Rev.
Court of Appeals for the Second Circuit
Decided July 2, 1945No. 158, 166, 167PublishedCited by 13 opinions
1Opinion of the Court
CHASE, Circuit Judge.
Eugene Lamb Richards and Fred Y. Presley were joint adventurers who promoted an investment trust called National Investors Corporation. In connection with the 'underwriting, Presley obtained the agreement of the Guardian Detroit Company dated June 2, 1927, to assign 10,000 options on the stock of National Investors Corporation to Presley’s nominee, which represented a part of the profits of the promotion. On June 9, 1927, Presley made an agreement with Richards to sell him all, or not less than 7,000, of them for $10 each. On September 27, 1927, Richards died before he…
2Cases cited7 opinions
- Lucas v. EarlSupreme Court of the United States · 1930
- Helvering v. HorstSupreme Court of the United States · 1940
- Harrison v. SchaffnerSupreme Court of the United States · 1941
- Helvering v. EubankSupreme Court of the United States · 1941
- Lucas v. North Texas Lumber Co.Supreme Court of the United States · 1930
2 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- H. O. Williams and Mrs. Ada L. Williams v. United StatesCourt of Appeals for the Fifth Circuit · 1955
- Campbell, Collector of Internal Revenue v. Prothro Et UxCourt of Appeals for the Fifth Circuit · 1954
- United States v. DrescherCourt of Appeals for the Second Circuit · 1950
- Madding v. Indiana Department of State RevenueIndiana Court of Appeals · 1971
- Ward v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1947
8 more not listed; retrieve them via the Exa API.