Summary
In N.Y. Central Railroad Co. v. N.Y. Harlem Railroad Co., 297 N.Y. 820, 78 N.E.2d 612, there had been a number of successive leases of a similar nature, from the Harlem Railroad to the New York Central. The question was whether the lessee had to pay income taxes on the rent paid directly to the stockholders of the lessor.
Summary of this case from Thomas v. ThomasOpinion
Argued January 12, 1948
Decided March 5, 1948
Appeal from the Supreme Court, Appellate Division, First Department, BENVENGA, J.
Robert E. Whalen, Paul Folger, Samuel H. Hellenbrand and Frederick L. Wheeler for appellant.
Alfred H. Townley and Frank W. Chambers for Westchester Fire Insurance Co., respondent.
Edward C. McLean and James L. Guilmartin for New York and Harlem Railroad Co., respondent.
Benjamin P. DeWitt and Sidney Pfpper for Gilman S. Currier and another, respondents.
Richard Steel for Grantz and Co., respondent.
Herman I. Lurie, Isidore Siegeltuch, Louis Kipnis, Joseph Nemerov, Nathan D. Shapiro and Morris Stark for Flora Pfeiffer and others, respondents.
Frank Weinstein and Samuel J. Levinson for Samuel Kresberg, respondent.
Carleton S. Connor and Eugene Z. DuBose for William H.P. Oliver, respondent.
Judgment affirmed, with costs; no opinion.
Concur: LOUGHRAN, Ch. J., LEWIS, CONWAY, DESMOND, DYE and FULD, JJ. Taking no part, THACHER, J.