# Century Electric Co. v. Commissioner

> United States Tax Court · October 31, 1950 · 15 T.C. 581

URL: https://www.frixlaw.com/law-library/cases/4475377

## Case

- **Full name:** Century Electric Company v. Commissioner of Internal Revenue
- **Court:** United States Tax Court
- **Decided:** October 31, 1950
- **Citations:** 15 T.C. 581; 1950 U.S. Tax Ct. LEXIS 54
- **Precedential status:** Published
- **Opinion:** Concurrence by Leech
- **Judges:** Disney,Raum,Rice
- **Cited by:** 4 later opinions in the Frix Law Library

## Citator (automated)

- No negative treatment found by the automated citator. That is not the same as a confirmation that the case is good law; read the citing cases.
- Full citator and citing cases: https://www.frixlaw.com/law-library/cases/4475377

## Opinion text

Leech, J., concurring: Assuming there was an “exchange,” I think the petitioner, on this record, has failed to establish the fact of a loss. On this ground I would decide the case, as it has been decided, for the respondent.
Turner, Disney, Raum, and Rice, JJ., agree with this concurring opinion.

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Source: Frix Law Library, https://www.frixlaw.com/law-library/cases/4475377. Public record. Not legal advice.