SHEEHY, Chief Judge.
This is an action in which the Plaintiff seeks to recover income taxes which he alleges and contends the Internal Revenue Service wrongfully assessed against and collected from it for its fiscal year 1955. Most of the pertinent facts were stipulated by the parties. The facts as stipulated and as found by the Court are as hereinafter stated.
Plaintiff is a Texas corporation with its principal office in Henderson, Texas. It owns clay pits...
Let's get started

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.