Legal Opinion
Bedford v. Commissioner of Internal Revenue
Court of Appeals for the Second Circuit
Decided July 12, 1945No. 157PublishedCited by 7 opinions
1Opinion of the Court
SWAN, Circuit Judge.
The petitioner is one of several income beneficiaries named in each of five trusts which owned shares of the 7% cumulative preferred stock of Bush Terminal Buildings Company (for brevity hereafter called Buildings). This stock was guaranteed as to dividends and as to payment of par value upon dissolution by Bush Terminal Company (for brevity hereafter called Terminal) which was the sole common stockholder of Buildings. Dividends on the preferred stock were wholly in arrears after April 1933. Both corporations went into •bankruptcy under section 77B of the Bankruptcy Act,…
2Cases cited14 opinions
- Dobson v. CommissionerSupreme Court of the United States · 1944
- Helvering v. StuartSupreme Court of the United States · 1942
- Trust Under the Will of Bingham v. CommissionerSupreme Court of the United States · 1945
- Helvering v. Alabama Asphaltic Limestone Co.Supreme Court of the United States · 1942
- LeTulle v. ScofieldSupreme Court of the United States · 1940
9 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Wooster Rubber Co. v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1951
- Gloria M. Packard Polt, Estate of Robert L. Dula, Deceased v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1956
- Pacific Public Service Co. v. Commissioner of Int. Rev.Court of Appeals for the Ninth Circuit · 1946
- Estate of Bruchmann, etc. v. CommissionerUnited States Tax Court · 1969
- Higginson v. United StatesDistrict Court, D. Massachusetts · 1956
2 more not listed; retrieve them via the Exa API.