Brown Lumber Co. v. Commissioner

ROBB, Associate Justice.

Appeal from a decision of the Board of Tax Appeals involving the question whether title to certain lumber had passed to appellant in -1920; the lumber having been ordered under an f. o. b. contract and no delivery having been made during the year.

The facts as found by the Board of Tax Appeals are not in dispute, and are substantially as follows: Appellant, the Brown Lumber Company, sinee its organization in 1909, has been engaged in the business of buying, selling, and producing lumber and lumber-products. On February 10, 1920, appellant entered into a verbal agreement…