BEECH CREEK R.R. CO. v. COMMR. OF INTERNAL REVENUE, 5 T.C. 135 (1945) BEECH CREEK RAILROAD COMPANY, PETITIONER, v. COMMISSIONER OF INTERNALREVENUE, RESPONDENT. Docket No. 4035.United States Tax Court. Promulgated May 24, 1945. The petitioner owned a railroad of approximately 110 miles, subject to a 999-year lease executed in 1890, which provided for delivery, at […]
