Legal Opinion
Phillips-Jones Corp. v. Parmley
Supreme Court of the United States
Decided December 6, 1937No. 45PublishedCited by 55 opinions
1Opinion of the Court
Mr. Justice Brandéis
delivered the opinion of the Court.
The sole question for decision is the stockholder’s right to contribution.
In 1919, the Coombs Garment Company, a Pennsylvania corporation, wound up its affairs and distributed its assets ratably among its eleven stockholders. In 1924 and 1925, the Commissioner of Internal Revenue assessed against the company additional income and profits taxes for the years 1918 and 1919. To the extent of $9,306.36 these taxes remained unpaid. I. L. Phillips, a stockholder resident in New York City, had received in 1919 liquidating dividends in excess of…
2Cases cited10 opinions
- Phillips v. CommissionerSupreme Court of the United States · 1931
- Pierce v. United StatesSupreme Court of the United States · 1921
- Hulburd v. CommissionerSupreme Court of the United States · 1935
- Lidderdale's Executors v. of RobinsonSupreme Court of the United States · 1827
- Leighton v. United StatesSupreme Court of the United States · 1933
5 more not listed; retrieve them via the Exa API.
3Cited by55 opinions
- Arrowsmith v. CommissionerSupreme Court of the United States · 1952
- Ino Ino, Inc. v. City of BellevueWashington Supreme Court · 1997
- Scott v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1941
- Sattelberger v. TelepSupreme Court of New Jersey · 1954
- Mellon EstateSupreme Court of Pennsylvania · 1943
50 more not listed; retrieve them via the Exa API.