LEHIGH & HUDSON RIVER RAILWAY COMPANY, PETITIONER,
v.
COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

2d Cir. | 1930-03-10
No. 131
38 F.2d 1015 United States Court of Appeals for the Second Circuit (1930)

Opinion of the Court
PER CURIAM.

PER CURIAM.

The Supreme Court has now decided the case of Lucas, Commissioner of Internal Revenue v. American Code Co., Inc., 50 S. Ct. 202, 74 L. Ed., and reversed our ruling. In accordance with our opinion [36 F.(2d) 719], it is therefore neeessary for us to modify so much of our decision as deducted the sum of $10,614.12.

As the result, the decision of the Board of Tax Appeals is affirmed in toto.


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