GLOVER, RECEIVER,

v.

ILLINOIS

Citator

Cited By

• Richmond Television Corp. v. United States, 345 F.2d 901 (4th Cir. 1965)
  …it may have been in consideration of Larus’ promise to withdraw its application, it would constitute a capital expenditure. KWTX, supra; Houston Natural Gas Corp. v. Commissioner of Internal Revenue, 90 F. 2d 814, 816 (4th Cir. 1937), cert. denied, 302 U.S. 722, 58 S.Ct. 43, 82 L.Ed. 557 (1937); 4 Mertens, Law of Federal Income Taxation, § 25.37, p. 131. . Southeastern Express Co., 19 B.T.A. 490 (1930), the only authority contra, has not been followed or even mentioned in later Tax Court cases. . Compare…
• Briarcuff Candy Corp. v. Commissioner OF Internal Revenue, 475 F.2d 775 (2d Cir. 1973)
  …necessary expenses paid or incurred in the taxable year in carrying on any trade or business.” The case principally relied upon by the Commissioner and the Tax Court is Houston Natural Gas Corp. v. Commissioner, 90 F. 2d 814 (4 Cir.), cert. denied, 302 U.S. 722, 58 S.Ct. 43, 82 L.Ed. 557 (1937). Prior to 1927, Houston Gas & Fuel had a monopoly on the gas business in Houston. The taxpayer, Houston Natural Gas was engaged in the sale of gas in areas other than the City of Houston. Upon receiving permits for…
• Robertson v. Steele's Mills, 172 F.2d 817 (4th Cir. 1949)
  …63, 84 L.Ed. 416, where the expenses in question were held to be without the statute. We advert briefly to three cases decided by our own Court. In Houston Natural [*820] Gas Corporation v. Commissioner, 4 Cir., 90 F. 2d 814, 816, certiorari denied 302 U.S. 722, 58 S.Ct. 43, 82 L.Ed. 557, District Judge Harry E. Watkins, speaking for the Court, said, in connection with money spent by a corporation for the purpose of acquiring new customers, for good will and for eliminating competition: “We are of the opin…