Zonne v. Minneapolis Syndicate

Citations

• 220 U.S. 187
• 31 S. Ct. 361
• 55 L. Ed. 428
• 1911 U.S. LEXIS 1666

Syllabus

<p>A corporation, the sole purpose whereof is to hold title to a single parcel of real estate subject to a long lease and,for convenience of the stockholders, to receive and distribute the rentals arising from such lease and proceeds of disposition of the land, and which has disqualified itself from doing any other business, is not a corporation doing business within the meaning of the corporation tax provisions of the act of August 5,1909, c. 6, 36 Stat. 11,112, and is not subject to the tax.</p>