GREAT LAKES TOWING CO.

v.

AMERICAN STEAMSHIP CO.

Citator

Cited By

• United States v. Victor H. and Elsie Akin, 248 F.2d 742 (10th Cir. 1957)
  …509; F. A. Gillespie & Sons Co. v. Commissioner, 10 Cir., 154 F. 2d 913, certiorari denied 329 U.S. 781, 67 S.Ct. 204, 91 L.Ed. 670; Chicago Mines Co. v. Commissioner, 10 Cir., 164 F. 2d 785, certiorari denied London Extension Min. Co. v. C. I. R., 333 U.S. 881, 68 S.Ct. 913, 92 L.Ed. 1156. Section 23(a) (1) (A) of the Internal Revenue Code of 1939, 26 U.S.C.A. § 23(a) (1) (A),.authorizes a deduction from gross income of all .ordinary [*744] and necessary expenses paid or incurred during the taxable year…
• In re Applied Logic Corp. v. Gutterman, 576 F.2d 952 (2d Cir. 1978)
  …er than to hold them subject to the depositor’s checks in ordinary course are given their intended effect when so applied . they are payments on account of debt.”); Joseph F. Hughes & Co. v. Machen, 164 F. 2d 983, 987-88 (4 Cir. 1947), cert. denied, 333 U.S. 881, 68 S.Ct. 912, 92 L.Ed. 1156 (1948) (deliberate building up of an account for the purpose of enabling the bank to obtain a preference or acceptance of deposit with “intent of . applying it to the depositor’s obligations rather than subjecting it to…
• Cooper Petroleum Co. v. Henry Hart in Bankr. of Int'l Mktg., Inc., 379 F.2d 777 (5th Cir. 1967)
  …, he is found to have reasonable cause to believe the bankrupt to be insolvent on the date of payment to the guarantee. E.g., Fenold v. Green, 2d Cir. 1949, 175 F. 2d 247; Joseph F. Hughes & Co. v. Machen, 4th Cir. 1947, 164 F. 2d 983, cert. denied, 333 U.S. 881, 68 S.Ct. 912, 92 L.Ed. 1156; Pennington v. Leff, S.D.Ala. 1960, 183 F.Supp. 884; see South Falls Corp. v. Rochelle, 5th Cir. 1964, 329 F. 2d 611. See generally 3 Collier, Bankruptcy, 60.17 (14 ed.1966). The fact that La Gloria, the creditor being…