California. (B) STATUTES OF THE STATES AND TERRITORIES. 293 Ohio. Gen. Code, §§ 871-1 to Unfair Practices Act.. 293 District of Columbia. 871-12, 871-38, 146537, 1465-53, 1465-54, Code, 1929, Tit. 6, 1465-60, 1465-68, 1465-69, 1465-69a, Code, 1940, §17-101... 229 Code, 1940, §§ 22-2701, 22-2702, 22-2705 to 22-2712. 193 1465-75, 1465-90.... 780 General Act, 88623-55...... 100 Constitution, 1935..... 652 Constitution, Art. 10, Code, 1941, Art. III, c. Corporation 182 Rev. Stats., 1943, c. 37, Wisconsin. CASES ADJUDGED IN THE SUPREME COURT OF THE UNITED STATES AT OCTOBER TERM, 1944. CHOATE v. COMMISSIONER OF INTERNAL CERTIORARI TO THE CIRCUIT COURT OF APPEALS FOR THE TENTH CIRCUIT. No. 93. Argued January 2, 1945.-Decided January 29, 1945. 1. A taxpayer who transferred an oil lease and equipment for cash and a royalty interest, held entitled, upon a return of income tax, to an allowance for the unrecovered cost of the equipment. P. 3. 2. Under the Revenue Act of 1938, depletion is not applicable to equipment used in the operation of an oil lease. P. 3. 3. The Tax Court's determination that the transaction in question involved an absolute sale of the equipment was conclusive on review. Dobson v. Commissioner, 320 U. S. 489; Wilmington Co. v. Helvering, 316 U. S. 164. P. 3. 141 F. 2d 641, reversed. CERTIORARI, 323 U. S. 692, to review a judgment which, upon an appeal by the Commissioner, reversed a decision of the Tax Court. Mr. James H. Yeatman for petitioner. Mr. Joseph S. Platt, with whom Solicitor General Fahy, Assistant Attorney General Samuel O. Clark, Jr., Messrs. Sewall Key and Warren F. Wattles were on the brief, for respondent. 1 |