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Textile Mills Securities Corp. v. Commissioner, 314 U.S. 326 (1941)
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General SummaryThis case is from a collection containing the full text of over 16,000 Supreme Court cases from 1793 to the present. The body of Supreme Court decisions are, effectively, the final interpretation of the Constitution. Only an amendment to the Constitution can permanently overturn an interpretation and this has happened only four times in American history.
Textile Mills Securities Corp. v. Commissioner, 314 U.S. 326 (1941)
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Textile Mills Securities Corp. v. Commissioner of Internal Revenue No. 34 Argued November 10, 1941 Decided December 8, 1941 314 U.S. 326
CERTIORARI TO THE CIRCUIT COURT OF APPEALS
FOR THE THIRD CIRCUIT
Syllabus
1. A Circuit Court of Appeals may be composed of all the circuit judges of the circuit in active service, more than three in number, sitting en banc. P. 333.
2. The expenses of lobbying and propaganda paid by an agent employed to secure legislation from Congress authorizing the recovery of German properties seized during the World War under the Trading with the Enemy Act are not deductible as "ordinary and necessary expenses" of the agent within the meaning of § 23(a) of the Revenue Act of 1928, construed by Art. 262 of Treasury Regulations 74. P. 335.
117 F.2d 62, affirmed.
Certiorari, 312 U.S. 677, to review a judgment reversing a decision of the Board of Tax Appeals, 38 B.T.A. 623, which had overruled a deficiency assessment based on the disallowance of certain deductions.
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Chicago:
U.S. Supreme Court, "Syllabus," Textile Mills Securities Corp. v. Commissioner, 314 U.S. 326 (1941) in 314 U.S. 326 314 U.S. 327. Original Sources, accessed August 30, 2025, http://www.originalsources.com/Document.aspx?DocID=D3AJVBJ4KFA38TL.
MLA:
U.S. Supreme Court. "Syllabus." Textile Mills Securities Corp. v. Commissioner, 314 U.S. 326 (1941), in 314 U.S. 326, page 314 U.S. 327. Original Sources. 30 Aug. 2025. http://www.originalsources.com/Document.aspx?DocID=D3AJVBJ4KFA38TL.
Harvard:
U.S. Supreme Court, 'Syllabus' in Textile Mills Securities Corp. v. Commissioner, 314 U.S. 326 (1941). cited in 1941, 314 U.S. 326, pp.314 U.S. 327. Original Sources, retrieved 30 August 2025, from http://www.originalsources.com/Document.aspx?DocID=D3AJVBJ4KFA38TL.
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