Legal Opinion
Reynolds v. Cooper
Court of Appeals for the Tenth Circuit
Decided April 3, 1933No. Nos. 747-749PublishedCited by 5 opinions
1Opinion of the Court
McDERMOTT, Circuit Judge.
Appellees are the beneficiaries of a trust set up by the will of their father. A part of the trust estate consists of a royalty interest under an oil and gas lease on lands in. Wyoming, the lease running from the father, the owner of the oil reserves. Appellees returned for income tax purposes the royalties received by them during the years 1923 to 1927, both inclusive. The trustees filed an information return only; the beneficiaries claimed the deduction for depletion, in an amount conceded to be reasonable, allowed by section 214(a) 10, Rev. Act of 1921 (42 Stat.…
2Cases cited18 opinions
- Eisner v. MacOmberSupreme Court of the United States · 1920
- Eisner, Internal Revenue Collector v. MacOmberSupreme Court of the United States · 1919
- Palmer v. BenderSupreme Court of the United States · 1932
- Doyle v. Mitchell Brothers Co.Supreme Court of the United States · 1918
- United States v. PhellisSupreme Court of the United States · 1921
13 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Inland Development Co. v. Commissioner of Int. Rev.Court of Appeals for the Tenth Circuit · 1941
- Hurley v. United StatesDistrict Court, N.D. Oklahoma · 1935
- Smith v. United StatesDistrict Court, S.D. West Virginia · 1936
- West Texas Refining & D. Co. v. Commissioner of Int. Rev.Court of Appeals for the Tenth Circuit · 1933
- West Texas Refining & D. Co. v. Commissioner of Int. Rev.Court of Appeals for the Tenth Circuit · 1933