E. A. Landreth Co. v. Commissioner
United States Board of Tax Appeals
1. Where one purchased an oil and gas lease and certain water rights and was unable financially to pay the purchase prices and develop the property, and where he from time to time solicited and received assistance from others, and where such others so contributing had no voice in the selection of contributors, and where such properties were managed by the purchaser in whose name the legal title was vested, held, that such an enterprise was a joint adventure. 2. Where…
Read the full summary
1. Where one purchased an oil and gas lease and certain water rights and was unable financially to pay the purchase prices and develop the property, and where he from time to time solicited and received assistance from others, and where such others so contributing had no voice in the selection of contributors, and where such properties were managed by the purchaser in whose name the legal title was vested, held, that such an enterprise was a joint adventure. 2. Where individuals associated themselves together for the purpose of transacting business under corporate forms and methods, held,…
1Opinion of the Court
E. A. LANDRETH CO., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
E. A. LANDRETH, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
ADELLE H. LANDRETH, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
E. A. Landreth Co. v. Commissioner
Docket Nos. 15835, 16842, 16843.
United States Board of Tax Appeals
11 B.T.A. 1; 1928 BTA LEXIS 3877;
March 16, 1928, Promulgated
1. Where one purchased an oil and gas lease and certain water rights and was unable financially to pay the purchase prices and develop the property, and where he from time to time solicited and received…
2Cases cited25 opinions
- Hecht v. MalleySupreme Court of the United States · 1924
- Burk-Waggoner Oil Assn. v. HopkinsSupreme Court of the United States · 1925
- Zonne v. Minneapolis SyndicateSupreme Court of the United States · 1911
- Crocker v. MalleySupreme Court of the United States · 1919
- Williams v. Inhabitants of MiltonMassachusetts Supreme Judicial Court · 1913
20 more not listed; retrieve them via the Exa API.