Crocker v. Commissioner
United States Board of Tax Appeals
1. Where a corporation was organized in 1892 but forfeited its charter prior to the expiration thereof in 1912, and it continued thereafter without liquidation to operate as a public utility in its corporate name without material changes from the plan and manner in which it had theretofore conducted its affairs since its organization, even though its affairs were managed and directed by one of its stockholders in his discretion without strict regard to corporate formalities,…
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1. Where a corporation was organized in 1892 but forfeited its charter prior to the expiration thereof in 1912, and it continued thereafter without liquidation to operate as a public utility in its corporate name without material changes from the plan and manner in which it had theretofore conducted its affairs since its organization, even though its affairs were managed and directed by one of its stockholders in his discretion without strict regard to corporate formalities, held, it was in 1927 an association taxable as a corporation under section 2(a)(2) of the Revenue Act of 1926 and…
1Opinion of the Court
JOHN CROCKER, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
GEORGE CONOVER, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
A. LOUISE BLACK, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Crocker v. Commissioner
Docket Nos. 60018, 61095, 61096.
United States Board of Tax Appeals
32 B.T.A. 861; 1935 BTA LEXIS 881;
June 28, 1935, Promulgated
1. Where a corporation was organized in 1892 but forfeited its charter prior to the expiration thereof in 1912, and it continued thereafter without liquidation to operate as a public utility in its corporate name without…
2Cases cited1 opinion
- Crocker v. CommissionerUnited States Board of Tax Appeals · 1935