Case Name: H. L. Campbell, Petitioner, v. Commissioner of Internal Revenue, Respondent
Court: United States Board of Tax Appeals
Jurisdiction: United States
Decision Date: 1927-10-29
Citations: 8 B.T.A. 1076
Docket Number: Docket No. 18321
Parties: H. L. Campbell, Petitioner, v. Commissioner of Internal Revenue, Respondent.
Judges: Morris and Love dissent.
Reporter: Reports of the United States Board of Tax Appeals
Volume: 8
Pages: 1076–1077

Head Matter:
H. L. Campbell, Petitioner, v. Commissioner of Internal Revenue, Respondent.
Docket No. 18321.
Promulgated October 29, 1927.
E. E. Shelton, Esq., for the petitioner.
A. W. Gregg, Esq., for the respondent.

Opinion:
OPINION.
Sterniiagen:
The Board has recently reversed the Commissioner in a similar situation, Robert W. Bingham, 8 B. T. A. 603, and it is unnecessary to set forth here the reasons for the decision. It may be said, however, as to the present case, that the stipulated facts show only that the dividend was declared and made payable in 1923 and check was mailed in that year. This is not, as a matter of law, the equivalent of saying that " the cash or other property is unqualifiedly made subject to his demand." It may be the skeleton, but more evidence would be needed to fill out the body of the statute.
Reviewed by the Board.
Judgment of no deficiency will be entered for the petitioner.
Morris and Love dissent.