Legal Opinion
Ohio Lime Co. v. United States
District Court, N.D. Ohio
Decided July 23, 1963No. Civ. No. C 62-170PublishedCited by 2 opinions
1Opinion of the Court
KLOEB, District Judge.
Plaintiff taxpayer is an Ohio corporation that owns and operates a stone quarry in Woodville, Ohio. In this case it seeks to recover an alleged overpayment of corporate income and excess profits taxes in a substantial sum, together with interest thereon. The taxable years at issue for the purpose of this motion fox-partial summary judgment concerns the years 1950 to 1953, inclusive.
The statute involved is the following: Internal Revenue Code of 1939:
Ҥ 114. BASIS FOR DEPRECIATION AND DEPLETION. ******
“(b) Basis for depletion
“(4) (as amended by Sec. 124(a) of the Revenue…
2Cases cited9 opinions
- City of Kansas City v. Federal Pacific Electric Co.Supreme Court of the United States · 1962
- Virginian Limestone Corp. v. CommissionerUnited States Tax Court · 1956
- United States v. The Wagner Quarries CompanyCourt of Appeals for the Sixth Circuit · 1958
- Halquist v. CommissionerUnited States Tax Court · 1959
- Wagner Quarries Company v. United StatesDistrict Court, N.D. Ohio · 1957
4 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- Woodville Lime Products Co. v. United StatesDistrict Court, N.D. Ohio · 1966
- France Stone Co. v. United StatesDistrict Court, N.D. Ohio · 1964