Legal Opinion
United States v. Ogilvie Hardware Co.
Supreme Court of the United States
Decided April 7, 1947No. 430PublishedCited by 34 opinions
1Opinion of the CourtJustice Black
This is a suit for tax refund which the District Court allowed. 62 F. Supp. 338. The Circuit Court of Appeals affirmed. 155 F. 2d 577. We granted certiorari because of an apparent conflict with Century Electric Co. v. Commissioner, 144 F. 2d 983.
The respondent, Ogilvie Hardware Co., Inc., was incorporated in Louisiana in 1907 with a paid-in capital of $100,000. In 1924 it increased its capitalization to $200,000 by declaration of a $100,000 stock dividend out of past earnings. Depressed business conditions during the 1930’s brought heavy operating losses so that by 1937 the company’s assets…
2Cases cited8 opinions
- Lyeth v. HoeySupreme Court of the United States · 1938
- Helvering v. Northwest Steel Rolling Mills, Inc.Supreme Court of the United States · 1940
- Commissioner v. Estate of BedfordSupreme Court of the United States · 1945
- Crane-Johnson Co. v. HelveringSupreme Court of the United States · 1940
- United States v. Byron Sash & Door Co.Court of Appeals for the Sixth Circuit · 1945
3 more not listed; retrieve them via the Exa API.
3Cited by34 opinions
- Weir Long Leaf Lumber Co. v. CommissionerUnited States Tax Court · 1947
- Nemours Corp. v. United StatesCourt of Appeals for the Third Circuit · 1951
- Sid Luckman and Estelle Luckman v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1969
- Tate v. KnoxDistrict Court, D. Minnesota · 1955
- Bloomfield Steamship Company v. Sabine Pilots AssociationCourt of Appeals for the Fifth Circuit · 1959
29 more not listed; retrieve them via the Exa API.