Legal Opinion
United States v. Anderson, Clayton & Co.
Supreme Court of the United States
Decided November 7, 1955No. 26PublishedCited by 29 opinions
1Opinion of the CourtJustice Minton
Anderson, Clayton & Co., a Delaware corporation, was organized in 1929. Its capital structure consisted of preferred stock and 100,000 shares of common stock, the capital value of which was fixed at one dollar per share. By April 21, 1930, all of the common stock had been issued, in varying amounts, to the corporation’s managing officials, in consideration of their worth and responsibility to the company, which is engaged in the highly technical and skilled business of cotton merchandising.
In 1931 a written agreement was entered into between the corporation and the common stockholders, the…
2Cases cited6 opinions
- Helvering v. R. J. Reynolds Tobacco Co.Supreme Court of the United States · 1939
- Commissioner v. Batten, Barton, Durstine & Osborn, Inc.Court of Appeals for the Second Circuit · 1948
- Commissioner of Internal Revenue v. Landers CorpCourt of Appeals for the Sixth Circuit · 1954
- Commissioner of Internal Revenue v. Rollins Burdick Hunter Co.Court of Appeals for the Seventh Circuit · 1949
- Commissioner of Internal Revenue v. H. W. Porter & Co., Inc.Court of Appeals for the Third Circuit · 1951
1 more not listed; retrieve them via the Exa API.
3Cited by29 opinions
- Lawrence v. CommissionerUnited States Tax Court · 1957
- Duncan Industries, Inc., etc. v. CommissionerUnited States Tax Court · 1979
- Esmark, Inc. v. CommissionerUnited States Tax Court · 1988
- Hercules Powder Company v. United StatesUnited States Court of Claims · 1960
- General Electric Company v. The United StatesUnited States Court of Claims · 1962
24 more not listed; retrieve them via the Exa API.