Boothe v. Commissioner
United States Tax Court
In 1959, petitioner purchased Soldier's Additional Homestead Rights granted to certain soldiers who served in the Civil War. Such rights entitled the holder to apply for and receive a fee interest in Federal lands. Petitioner sold the rights in 1960. Thereafter, petitioner's grantee attempted to exercise the rights. It was discovered that petitioner's predecessor in title had previously sold the rights to another and, therefore, they were invalid.
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In 1959, petitioner purchased Soldier's Additional Homestead Rights granted to certain soldiers who served in the Civil War. Such rights entitled the holder to apply for and receive a fee interest in Federal lands. Petitioner sold the rights in 1960. Thereafter, petitioner's grantee attempted to exercise the rights. It was discovered that petitioner's predecessor in title had previously sold the rights to another and, therefore, they were invalid. Petitioner's grantee instituted a legal action against petitioner which resulted in a judgment of damages and costs against petitioner which he…
1Opinion of the Court
Ferris F. Boothe and Dorothy S. Boothe, Petitioners v. Commissioner of Internal Revenue, Respondent
Boothe v. Commissioner
Docket No. 20904-81
United States Tax Court
82 T.C. 804; 1984 U.S. Tax Ct. LEXIS 68; 82 T.C. No. 62;
May 24, 1984, Filed
In 1959, petitioner purchased Soldier's Additional Homestead Rights granted to certain soldiers who served in the Civil War. Such rights entitled the holder to apply for and receive a fee interest in Federal lands. Petitioner sold the rights in 1960. Thereafter, petitioner's grantee attempted to exercise the rights. It was discovered that petitioner's…
Also in this document: Dissent · Korner; Dissent · Hamblen.
2Cases cited21 opinions
- United States v. American Trucking AssociationsSupreme Court of the United States · 1940
- Morgan v. CommissionerSupreme Court of the United States · 1940
- United States v. GilmoreSupreme Court of the United States · 1963
- Lyeth v. HoeySupreme Court of the United States · 1938
- Trust Under the Will of Bingham v. CommissionerSupreme Court of the United States · 1945
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