Legal Opinion
E. Ward King and Myrtle C. King v. Commissioner of Internal Revenue
Court of Appeals for the Sixth Circuit
Decided April 7, 1972No. 71-1418PublishedCited by 30 opinions
1Opinion of the Court
PECK, Circuit Judge.
This case involves the income tax liability for the year 1963 of the stockholders of the Mason & Dixon Lines, Inc., a motor common carrier of freight in interstate commerce. The facts of the case are fully set forth in the reported decision of the Tax Court, 55 T.C. 677, and disclose that Mason & Dixon, a Tennessee corporation formed in 1934, had been expanding rapidly since 1945 and by 1950 had outgrown its existing terminal facilities. It became apparent that new terminals would have to be constructed. The Interstate Commerce Act prohibited Mason & Dixon from borrowing…
2Cases cited14 opinions
- Gregory v. HelveringSupreme Court of the United States · 1935
- Commissioner v. GordonSupreme Court of the United States · 1968
- Coady v. CommissionerUnited States Tax Court · 1960
- United States v. W. W. Marett and Ruth MarettCourt of Appeals for the Fifth Circuit · 1963
- The Texas Company v. R. O'Brien & Co., Inc., LibelantCourt of Appeals for the First Circuit · 1957
9 more not listed; retrieve them via the Exa API.
3Cited by30 opinions
- Smithkline Diagnostics, Inc. v. Helena Laboratories Corporation, Defendant/cross-AppellantCourt of Appeals for the Federal Circuit · 1989
- Tara Ann Jungquist v. Sheikh Sultan Bin Khalifa Al NahyanCourt of Appeals for the D.C. Circuit · 1997
- Richmond Leasing Co. v. Capital Bank, N.A.Court of Appeals for the Fifth Circuit · 1985
- The Chase Manhattan Bank, N.A. v. American National Bank And Trust Company Of ChicagoCourt of Appeals for the Second Circuit · 1996
- James M. Armstrong v. J. A. Collier, Superintendent of Mississippi State PenitentiaryCourt of Appeals for the Fifth Circuit · 1976
25 more not listed; retrieve them via the Exa API.