Cortez Oil Co. v. Commissioner
United States Board of Tax Appeals
Where a corporation organized under the laws of Oklahoma owned a majority of the stock of another corporation, also organized under the laws of Oklahoma, and actually voted through its own officer such stock at stockholders' meetings, held that the minority stockkholders did not own or control substantially all the stock of the second corporation by reason of the provisions of section 49 of article 9 of the Constitution of Oklahoma.
1Opinion of the Court
CORTEZ OIL CO., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Cortez Oil Co. v. Commissioner
Docket No. 22233.
United States Board of Tax Appeals
20 B.T.A. 462; 1930 BTA LEXIS 2115;
August 4, 1930, Promulgated
Where a corporation organized under the laws of Oklahoma owned a majority of the stock of another corporation, also organized under the laws of Oklahoma, and actually voted through its own officer such stock at stockholders' meetings, held that the minority stockkholders did not own or control substantially all the stock of the second corporation by reason of the provisions of…
2Cases cited11 opinions
- National Bank v. MatthewsSupreme Court of the United States · 1879
- Whitney v. WymanSupreme Court of the United States · 1880
- National Bank v. WhitneySupreme Court of the United States · 1881
- Scott v. DeweeseSupreme Court of the United States · 1901
- St. Louis, Vandalia & Terre Haute Railroad v. Terre Haute & Indianapolis RailroadSupreme Court of the United States · 1892
6 more not listed; retrieve them via the Exa API.