1. Home
  2. Browse Decisions
  3. F.Supp.
  4. 9 F.Supp.
  5. 9 F.Supp. 500 (1934)
 

CITY BOND & FINANCE CO. v. WELCH

No. 4704-J.

9 F.Supp. 500 (1934)

CITY BOND & FINANCE CO., Limited, v. WELCH, Collector of Internal Revenue.

District Court, S. D. California, Central Division.

July 31, 1934.

Attorney(s) appearing for the Case

Ivan G. McDaniel, of Los Angeles, Cal., for plaintiff.

Peirson M. Hall, U. S. Atty., Ignatius F. Parker and Alva C. Baird, Asst. U. S. Attys., and Eugene Harpole, Sp. Atty., Bureau of Internal Revenue, all of Los Angeles, Cal., for defendant.

JAMES, District Judge.

Plaintiff paid a federal stamp tax, collected on account of a series of certificates issued by it in its business of buying and selling commercial securities. While in effect the transactions may have been substantially that of the purchase of securities on a margin, the plaintiff chose to frame its contracts differently. The purchaser signed a written order for the purchase of securities on installment payments, agreeing to pay the stated purchase...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases