Leighton v. United States, 289 U.S. 506 (1933)

Leighton v. United States

No. 735

Argued May 11, 1933
Decided May 29, 1933
289 U.S. 506

CERTIORARI TO THE CIRCUIT COURT OF APPEALS

FOR THE NINTH CIRCUIT

Syllabus

The right of the United States to maintain a suit in equity against stockholders of a corporation to require them to account for distributed corporate assets to the end that such assets may be applied to taxes due from the corporation to the United States and interest thereon from date of assessment against the corporation was not taken away by § 280 of the Revenue Act of 1926. P. 509.

61 F.2d 530 affirmed.

Certiorari to review the affirmance of a decree requiring stockholders to account for assets of the corporation distributed among them in order that the funds might be applied in satisfaction of taxes owed by the corporation to the United States.