Legal Opinion
Keystone Steel & Wire Co. v. Commissioner of Int. Rev.
Court of Appeals for the Seventh Circuit
Decided November 26, 1932No. 4514PublishedCited by 9 opinions
1Opinion of the Court
ALSCHULER, Circuit Judge.
There is involved the fair market value, as of March 1, 1913, of an application for patent, filed July 12,1907, for a machine for manufacturing woven wire fence which petitioner calls “Square Deal Fence,” upon which applicatiqn letters patent (No. 1,078,-702) were issued November 18, 1913. The Board of Tax Appeals fixed such market value at $200,000. Petitioner contends its value was upwards of $1,000,000:
Petitioner was a pioneer in the manufacture of woven wire fence. It was testified that as far back as 1890 it was making such fence, and that for some years was…
2Cases cited7 opinions
- Phillips v. CommissionerSupreme Court of the United States · 1931
- Tracy v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1931
- Anchor Co. v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1930
- Am-Plus Storage B. Co. v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1929
- PLANTERS'OPERATING CO. v. Commissioner of Int. RevenueCourt of Appeals for the Eighth Circuit · 1932
2 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Burford-Toothaker Tractor Co. v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1951
- Beaumont v. HelveringCourt of Appeals for the D.C. Circuit · 1934
- Griffiths v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1934
- Manchester Board & Paper Co. v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1937
- B. F. Sturtevant Co. v. United StatesDistrict Court, D. Massachusetts · 1937
4 more not listed; retrieve them via the Exa API.