Case Name: EDGEWOOD COUNTRY CLUB, a corporation, Appellant, v. UNITED STATES of America, Appellee
Court: United States Court of Appeals for the Fourth Circuit
Jurisdiction: United States
Decision Date: 1962-12-05
Citations: 310 F.2d 379
Docket Number: No. 8754
Parties: EDGEWOOD COUNTRY CLUB, a corporation, Appellant, v. UNITED STATES of America, Appellee.
Judges: 
Reporter: Federal Reporter 2d Series
Volume: 310
Pages: 379–379

Head Matter:
EDGEWOOD COUNTRY CLUB, a corporation, Appellant, v. UNITED STATES of America, Appellee.
No. 8754.
United States Court of Appeals Fourth Circuit.
Argued Nov. 9, 1962.
Decided Dec. 5, 1962.
Thomas N. Chambers, Charleston, W. Va. (Lee 0. Hill,.and Jackson, Kelly, Holt & O’Farrell, Charlotte, W. Va., on brief) for appellant.
Michael I. Smith, Atty., Dept, of Justice (Louis F. Oberdorfer, Asst. Atty. Gen., Lee A. Jackson and Robert N. Anderson, Attys., Dept, of Justice, and Harry G. Camper, Jr., U. S. Atty., on brief), for appellee.
Before SOPER, BRYAN, and J. SPENCER BELL, Circuit Judges.

Opinion:
PER CURIAM.
This is an appeal from a judgment of the District Court determining that the cost of certain shares of stock constituted an initiation fee and was, therefore, subject to the federal excise tax on initiation fees under Section 4241(a) (2) of The Internal Revenue Code of 1954 (26 U.S.C. 1958 ed., Sec. 4241(a) (2)).
The judgment of the court below is affirmed for the reasons set forth in the able opinion of Judge Watkins. Edge-wood Country Club v. United States, 204 F.Supp. 508 (S.D.West Va., 1962).
Affirmed.