Court of Appeals for the Second Circuit June 1, 1959, 25438_1 (Virginia Stevedoring Corporation v. Commissioner of Internal Revenue)

PER CURIAM.

Holding that petitioner did not acquire prior to December 1, 1950, “substantially all the properties (other than cash)” of three corporations, and hence is not a “purchasing corporation” as defined in I.R.C.1939, § 474(a) (1) (A), 26 U.S.C.