Legal Opinion
Allen v. Commissioner of Internal Revenue
Court of Appeals for the Second Circuit
Decided May 11, 1931No. 322PublishedCited by 7 opinions
1Opinion of the Court
L. HAND, Circuit Judge.
On June 6, 1912, the Knickerbocker Trust Company of New York merged with another bank and the two became a third. Its assets were divided into three parts, “Schedules A, B, and C,” the first two of which the new bank took outright, and the third, “Schedule C,” in trust to secure it against any unknown debts of the Knickerbocker, and any shrinkage in the assets in “Schedule B” below their appraised value. The trust was to last two years, during which interest w>as to be paid at four per cent., so far as earned, and after which the trustee was to liquidate the assets, and…
2Cases cited17 opinions
- Eisner v. MacOmberSupreme Court of the United States · 1920
- Eisner, Internal Revenue Collector v. MacOmberSupreme Court of the United States · 1919
- Brewster v. GageSupreme Court of the United States · 1930
- United States v. PhellisSupreme Court of the United States · 1921
- Hecht v. MalleySupreme Court of the United States · 1924
12 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Gerald D. Peterson v. United StatesCourt of Appeals for the Eighth Circuit · 1970
- Commissioner of Internal Revenue v. AthertonCourt of Appeals for the Ninth Circuit · 1931
- City Bank Farmers Trust Co. v. HoeyDistrict Court, S.D. New York · 1942
- Schaefer v. BowersCourt of Appeals for the Second Circuit · 1931
- Tait v. DanteCourt of Appeals for the Fourth Circuit · 1935
2 more not listed; retrieve them via the Exa API.