Legal Opinion
Bayshore Gardens, Inc. v. Commissioner of Internal Revenue
Court of Appeals for the Second Circuit
Decided May 29, 1959No. 20-304PublishedCited by 10 opinions
1Opinion of the Court
EDELSTEIN, District Judge.
Petitioner, a New York corporation organized to construct and operate a multiple-dwelling apartment house, sought financing for its project from a Brooklyn savings bank. Utilizing the services of a broker, the corporation was successful in arranging a $1,335,600 F.H.A. insured mortgage loan, secured by a 32-year 7-month mortgage note-The note form of credit instrument was employed in place of the usual form of corporate bond in order to avoid the-purchase of United States documentary-tax stamps, necessary for a bond, but, by a ruling of the Commissioner, unnecessary…
2Cases cited14 opinions
- United States v. AndersonSupreme Court of the United States · 1926
- North American Oil Consolidated v. BurnetSupreme Court of the United States · 1932
- Automobile Club of Mich. v. CommissionerSupreme Court of the United States · 1957
- Healy v. CommissionerSupreme Court of the United States · 1953
- United States v. LewisSupreme Court of the United States · 1951
9 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Automobile Club of New York, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1962
- Mark E. Schlude and Marzalie Schlude, Husband and Wife v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1960
- Utility Trailer Manufacturing Company v. United StatesDistrict Court, S.D. California · 1962
- Guterman v. ScanlonDistrict Court, E.D. New York · 1963
- Automobile Club of New York, Inc. v. CommissionerUnited States Tax Court · 1959
5 more not listed; retrieve them via the Exa API.