Republic Steel Corp.

116 Ct. Cl. 875

United States Court of Claims·Decided April 3, 1950·No. No. 47013·Published

Opinion

Income tax; consolidated return; 50 percent interest in corporation assets retained in reorganization; basis for depreciation under 1934 Revenue Act. Opinion and judgment, 114 C. Cls. 516,733.

Plaintiff’s motion for leave to file motion for new trial out of time granted February 27,1950, and motion for new trial filed. Motion for new trial overruled April 3,1950.

Plaintiff’s petition for writ of certiorari filed in Supreme Court May 31,1950, pending.

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Income tax; consolidated return; 50 percent interest in corporation assets retained in reorganization; basis for depreciation under 1934 Revenue Act. Opinion and judgment, 114 C. Cls. 516,733.

Plaintiff’s motion for leave to file motion for new trial out of time granted February 27,1950, and motion for new trial filed. Motion for new trial overruled April 3,1950.

Plaintiff’s petition for writ of certiorari filed in Supreme Court May 31,1950, pending.

Republic Steel Corp., 116 Ct. Cl. 875 (cc 1950).

Pincite

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