Gulf, Mobile & N. R.R. v. Commissioner

GULF, MOBILE & NORTHERN RAILROAD COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

JACKSON & EASTERN RAILWAY COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

MERIDIAN & MEMPHIS RAILWAY COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Gulf, Mobile & N. R.R. v. Commissioner

Docket Nos. 24887, 35898, 38295, 42149, 42150.

United States Board of Tax Appeals

22 B.T.A. 233; 1931 BTA LEXIS 2144;

February 20, 1931, Promulgated

George E. H. Goodner, Esq., and Walter K. Smith Esq., for the petitioners.

E. C. Algire, Esq., for the respondent.

TRAMMELL

The…