ENGEBRETSON, TRUSTEE,

v.

MARCELL ET AL., TRUSTEES

Citator

Cited By

• Warder v. Brady, 115 F.2d 89 (4th Cir. 1940)
  …; MacDonald v. Plymouth Trust Co., 286 U.S. 263, 52 S.Ct. 505, 76 L.Ed. 1093; In re Rathman, 8 Cir., 183 F. 913; Central Republic Bank & Trust Co. v. Caldwell, 8 Cir., 58 F. 2d 721, 730; Marcell v. Engebretson, 8 Cir., 74 F. 2d 93, certiorari denied 296 U.S. 579, 56 S.Ct. 89, 80 L.Ed. 409; In re Indiana Flooring Co., 2 Cir., 62 F. 2d 763, 764. There can be no doubt that under these authorities the claim of the special receiver in the pending case would be considered substantial and adverse within the meanin…
• Commissioner of Internal Revenue v. Hirshon Tr., 213 F.2d 523 (2d Cir. 1954)
  …Acheson, 1944, 3 T.C.M. 1242; and in its result Beach Petroleum Corp. v. Com’r, 1946, 5 T.C.M. 638. The cases in the Federal Courts, however, do not give us any clear signal. In Binzel v. Commissioner, 2 Cir., 75 F. 2d 989, certiorari denied 1935, 296 U. S. 579, 56 S.Ct. 90, 80 L.Ed. 409, relied on by the Commissioner, it did not appear whether there was sufficient surplus to cover the full market value of the distribution in kind. If there was, then that case did not reach the issue before us. If there wa…
• Commissioner of Internal Revenue v. Wakefield, 139 F.2d 280 (6th Cir. 1943)
  …ck, purchased out of earnings and profits, represent earnings and profits instead of capital, and the distribution constituted a taxable dividend at the fair market value when received. Binzel v. Commissioner, 2 Cir., 75 F. 2d 989, certiorari denied 296 U.S. 579, 56 S.Ct. 90, 80 L.Ed. 409; Timberlake v. Commissioner, 4 Cir., 132 F. 2d 259. Cf. Morgan v. Wisconsin Tax Commission, 195 Wis. 405, 217 N.W. 407, 218 N.W. 810, 61 A.L.R. 357; Pool v. Guardian Investment Trust Co., 1922, 1 K.B. England, 347. The or…