S. E. C. Corp., Formerly Known as Canaday Cooler Co., Inc. v. United States, 241 F.2d 416 (2d Cir. 1957). · Go Syfert
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S. E. C. Corp., Formerly Known as Canaday Cooler Co., Inc. v. United States, 241 F.2d 416 (2d Cir. 1957). Cases Citing This Book View Copy Cite
22 citation events across 5 distinct courts.
Strongest positive: Desilu Productions, Inc. v. Commissioner (tax, 1965-11-29)
Treatment trajectory · 1957 → 2026 · click a year to view as-of
1957 1991 2026
Top citers, strongest first. 1 distinct citer. How cited ↗
discussed Cited as authority (rule) Desilu Productions, Inc. v. Commissioner
Tax Ct. · 1965 · confidence medium
Corp. v. United States, 140 F. Supp. 717 (1956) affirmed per curiam, 241 F. 2d 416 *54 (C.A. 2, 1957), certiorari denied 354 U.S. 909 (1957) , involving electric water and food coolers, and Greene-Haldeman v. Commissioner, 282 F. 2d 884 (C.A. 9, 1960), affirming 31 T.C. 1286 , which concerned the sale of rental cars by dealers, where the Court of Appeals said at page 888: In Corn Products Refining Co. v. Commissioner, 1955, 350 U.S. 46 , at page 52, 76 S. Ct. 20 , at page 24, 100 L.
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S. E. C. Corporation, Formerly Known as Canaday Cooler Co., Inc.
v.
United States
24175.
Court of Appeals for the Second Circuit.
Feb 25, 1957.
241 F.2d 416
Published

241 F.2d 416

S. E. C. CORPORATION, formerly known as Canaday Cooler Co., Inc., Plaintiff-Appellant,
v.
UNITED STATES of America, Defendant-Appellee.

No. 228.

Docket 24175.

United States Court of Appeals Second Circuit.

Argued February 8, 1957.

Decided February 25, 1957.

Appeal from the United States District Court for the Southern District of New York; Edmund L. Palmieri, Judge.

1

S. E. C. Corporation appeals from the dismissal, D.C.S.D.N.Y., 140 F.Supp. 717, of its action for refund of alleged overpayments in income taxes for 1947 and 1948, in holding as ordinary income, and not capital gains, under I.R.C.1939, § 117 (j), 26 U.S.C.A. § 117(j), the profits realized from used water, beer, and frosted food coolers rented and then ultimately sold to customers.

2

Rollin Browne, of Satterlee, Browne & Cherbonnier, New York City (Irving Levine, New York City, on the brief), for plaintiff-appellant.

3

Miriam R. Goldman, Asst. U. S. Atty., New York City (Paul W. Williams, U. S. Atty., New York City, on the brief), for defendant-appellee.

4

Before CLARK, Chief Judge, MEDINA, Circuit Judge, and J. JOSEPH SMITH, District Judge.

5

PER CURIAM.

6

Affirmed on the opinion of District Judge Palmieri, D.C.S.D.N.Y., 140 F. Supp. 717.