Legal Opinion
Fritz v. Commissioner
Court of Appeals for the Fifth Circuit
Decided March 25, 1935No. 7282PublishedCited by 6 opinions
1Opinion of the Court
SIBLEY, Circuit Judge.
In the beginning of the year 1926 a Texas partnership called Staley & Wynne, then engaged in oil production, sold its producing properties at a large profit to Humble Oil & Refining Company. Its remaining undeveloped or unproductive properties with tools and equipment and miscellaneous assets were on April 1st passed to a new firm then formed composed of members of the old firm. The difference in the firms was that J. A. Staley, trustee, had Yzá interest in the old firm and none in the new; J. I. Staley’s x%i interest in the old was reduced to 1%4 in the new, while J. C.…
2Cases cited11 opinions
- Helvering v. TaylorSupreme Court of the United States · 1935
- Bankers Pocahontas Coal Co. v. BurnetSupreme Court of the United States · 1932
- Underwood v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1932
- Moore v. SteeleTexas Supreme Court · 1887
- Carroll v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1934
6 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Heiner v. MellonSupreme Court of the United States · 1938
- H. S. Anderson, Jr. v. United StatesCourt of Appeals for the Ninth Circuit · 1956
- Davidson v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1937
- Victor A. Miller and Beatrice A. Miller v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1960
- H. N. Miller v. The United StatesUnited States Court of Claims · 1964
1 more not listed; retrieve them via the Exa API.