Opinion

Associated Electric Co. v. United States

  • 97 F. Supp. 821
  • 119 Ct. Cl. 675
Court
United States Court of Claims
Filed
Jun 6, 1951
Status
Published
Author
Whitaker
On the bench
Gmef, Howemi, Jones, Littleton, Madden, Whitaker
Cited by
3 cases

The opinion

Whitaker, Judge,

dissenting:

Plaintiff was a holding company. Its entire operations consisted of holding and dealing in the stocks of other companies. Its stock in trade was the stock of other companies. Its income was derived altogether from such activities. Under such circumstances, at least, I think profits derived from, a sale/of stock in ,one of its subsidiaries is “earned, income.”

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

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