Virden v. Commissioner
United States Board of Tax Appeals
1. An oral contract of partnership between a husband and wife is valid under the laws of Mississippi. 2. Determination of March 1, 1913, value of certain real estate. 3. Determination of date of repossession of real estate previously sold.
1Opinion of the Court
*1127OPINION.
MillikeN :
It may be stated at the outset, that among the facts found are some which are not competent to prove the existence of the partnership, but which are competent to show the good faith of the petitioner and his wife. They show that instead of the partnership being a secret affair and disclosed only when convenient, the partners published the facts to the business world.
The record in this proceeding discloses that the petitioner and his wife on January 1, 1919, joined together to carry on a trade or business for their common benefit, one contributing property and the other…
2Cases cited7 opinions
- Meehan v. ValentineSupreme Court of the United States · 1892
- Brooks v. SmithCourt of Appeals for the First Circuit · 1923
- Leinkauf & Strauss v. BarnesMississippi Supreme Court · 1888
- Jones v. JonesMississippi Supreme Court · 1911
- Porter v. StatenMississippi Supreme Court · 1886
2 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- Berkowitz v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1939
- Virden v. CommissionerUnited States Board of Tax Appeals · 1927