United States v. Cleveland, C., C. & St. L. Ry. Co.
247 U.S. 195 (1918)

Annotate this Case
  • Syllabus  | 
  • Case

U.S. Supreme Court

United States v. Cleveland, C., C. & St. L. Ry. Co., 247 U.S. 195 (1918)

United States v. Cleveland, Cincinnati,

Chicago & St. Louis Railway Company

No. 693

Argued March 4, 5, 6, 1918

Decided May 20, 1918

247 U.S. 195


A railroad company bought hare of another railroad company before, and sold them after, December 31, 1908. Held that only so much af the profit as accrued after that date was "income" within the Corporation Tax Act. Doyle v. Mitchell Brothers Co., ante 247 U. S. 179; Hays v. Gauley Mountain Coal Co., ante, 247 U. S. 189.

242 F. 18 affirmed.

The case is stated in the opinion.

Disclaimer: Official Supreme Court case law is only found in the print version of the United States Reports. Justia case law is provided for general informational purposes only, and may not reflect current legal developments, verdicts or settlements. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or information linked to from this site. Please check official sources.