Legal Opinion
Cope v. United States
District Court, E.D. Pennsylvania
Decided August 9, 1948No. Civ. A. No. 6395PublishedCited by 1 opinion
1Opinion of the Court
KIRKPATRICK, Chief Judge.
The facts have been stipulated and the stipulation is adopted as the Court’s findings of fact.
The trust was created in 1898, the present taxpayer being one of the life beneficiaries. The early history of the trust management is not particularly relevant to the question here involved. In 1931 the trustee had in its hands an invested fund and also title to a piece of real estate which had been taken by it in lieu of foreclosing a mortgage upon it belonging to the trust. Beginning in 1933 the real estate failed to earn its carrying charges and the trustee met them by…
2Cases cited5 opinions
- Freuler v. HelveringSupreme Court of the United States · 1934
- Plunkett v. Commissioner of Internal RevenueCourt of Appeals for the First Circuit · 1941
- Johnston v. HelveringCourt of Appeals for the Second Circuit · 1944
- Commissioner of Internal Revenue v. LewisCourt of Appeals for the Third Circuit · 1944
- United States v. ArnoldCourt of Appeals for the Third Circuit · 1937
3Cited by1 opinion
- Saulsbury v. United StatesCourt of Appeals for the Fifth Circuit · 1952