Legal Opinion
United States v. Stewart
Supreme Court of the United States
Decided December 16, 1940No. 13PublishedCited by 346 opinions
1Opinion of the CourtJustice Douglas
This case is here on certiorari to resolve a conflict of the decision below (106 F. 2d 405) with Stern Brothers & Co. v. Commissioner, 108 F. 2d 309.
During the year 1930 respondent purchased farm loan bonds issued by joint-stock land banks under the Federal Farm Loan.Act of 1916 (39 Stat. 360). The purchases-were made for the prospective increment to the bonds and not for their interest. At the time the purchases were made the banks were in receivership. The bonds were acquired at prices substantially below par. In making these purchases respondent relied upon statements contained in…
2Cases cited22 opinions
- Deputy, Administratrix v. Du PontSupreme Court of the United States · 1940
- Old Colony Railroad v. CommissionerSupreme Court of the United States · 1932
- United States v. FreemanSupreme Court of the United States · 1845
- Helvering v. New York Trust Co.Supreme Court of the United States · 1934
- Willcutts v. BunnSupreme Court of the United States · 1931
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3Cited by346 opinions
- Regents of the University of California v. BakkeSupreme Court of the United States · 1978
- Federal Crop Ins. Corp. v. MerrillSupreme Court of the United States · 1947
- Heckler v. Community Health Services of Crawford County, Inc.Supreme Court of the United States · 1984
- Bob Jones University v. United StatesSupreme Court of the United States · 1983
- Hunter v. EricksonSupreme Court of the United States · 1969
341 more not listed; retrieve them via the Exa API.