PERSONAL FINANCE COMPANY OF LEBANON, Petitioner, v. Guy T. HELVERING, Commissioner of Internal Revenue

PERSONAL FINANCE COMPANY OF LEBANON, Petitioner, v. Guy T. HELVERING, Commissioner of Internal Revenue. No. 5961. Court of Appeals of the District of Columbia. Argued Jan. 16, 1934. Decided March 12, 1934. Rehearing Denied April 9, 1934. Samuel A. Syme, of Washington, D. C., and J. R. Collins, of New York City, for petitioner. C. M. Charest, J. Louis Monarch, Shelby S. Faulkner, W. R. Lansford, Sewall Key, and John H. MeEvers, all of Washington, D. C., for respondent. Before MARTIN, Chief Justice, and ROBB, VAN ORSDEL, HITZ, and GRONER, Associate Justices. [MAJORITY — MARTIN, Chief Justice.] MARTIN, Chief Justice. This case involves in principle the identical questions heard and decided by us in Beneficial Loan Society of Trenton v. Commissioner of Internal Revenue, 63 App. D. C. 122, 70 F.(2d) 288, and the eases were argued and submitted together. In accordance with our opinion and decision handed down concurrently herewith in the former ease, the decision of the Board of Tax Appeals herein appealed from is affirmed. Affirmed.