 | 1916 - 834 pages
...exhaustion, wear and tear of property arising out of its use of employment in the business or trade; (a) in the case of oil and gas wells a reasonable...case of mines a reasonable allowance for depletion 28Ibid., Art. 144. "Ibid., Art. 145. *°Ibid., Art. 146. "Stanton v. Baltic Mining Co., 240 US 103,... | |
 | Harris, Forbes & Co., New York - 1916 - 140 pages
...of property within the United States arising out of its use or employment in the business or trade; (a) in the case of oil and gas wells a reasonable allowance for actual reduction in [76] flow and production to be ascertained not by the flush flow, but by the settled production or... | |
 | Frank A. North - 1917 - 164 pages
...exhaustion, wear and tear of property arising out of its use or employment in the business or trade ; (a) in the case of oil and gas wells a reasonable...case of mines a reasonable allowance for depletion therof not t« exceed the market value in the mine ef the product thereof which has been mined and... | |
 | 1917 - 194 pages
...exhaustion, wear and tear of property arising out of its use or employment in the business or trade; Eighth, (a) In the case of oil and gas wells a reasonable...flow, but by the settled production or regular flow; (6) in the case of mines a reasonable allowance for depletion thereof not to exceed the market value... | |
 | National Bank of Commerce in New York - 1917 - 182 pages
...exhaustion, wear and tear of property arising out of its use of employment in the business or trade; (a) in the case of oil and gas wells a reasonable...flow, but by the settled production or regular flow; (&) in the case of mines a reasonable allowance for depletion thereof not to exceed the market value... | |
 | Godfrey Nicholas Nelson - 1917 - 218 pages
...1, 1913, the fair market value as of that date, no further allowance for depletion shall be made. In the case of oil and gas wells a reasonable allowance...flow, but by the settled production or regular flow. As in the case of mines, when the allowance authorized for depletion shall equal the capital originally... | |
 | Chester William Le Noir - 1917 - 20 pages
...wear and tear of property arising out of its use or employment in the business or trade; 8. («) In the case of oil and gas wells a reasonable allowance...flow, but by the settled production or regular flow; (i) in case of m1nes a reasonable allowance for depletion thereof not to exceed the market value in... | |
 | Ewell D. Moore - 1917 - 40 pages
...property, arising out of its use in the business or trade. (See "Depreciation.") (a) In case of oil or gas wells a reasonable allowance for actual reduction...by the settled production or regular flow. (b) In case of mines a reasonable allowance for depletion, not to exceed the market value in the mine of the... | |
 | United States, Guaranty Trust Company of New York - 1917 - 140 pages
...of property within the United States arising out of its use or employment in the business or trade; (a) in the case of oil and gas wells, a reasonable...reduction in flow and production to be ascertained by the settled production, or regular flow; (b) in the case of mines, a reasonable allowance for depletion... | |
 | George Edwin Holmes - 1917 - 690 pages
...of property Within the United States arising out of its use or employment in the business or trade; (a) in the case of oil and gas wells a reasonable allowance for actual reduction ia _flow and production to be ascertained not by the flush flow, but by the settled production or regular... | |
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A reasonable allowance for the exhaustion, wear and tear of property arising out of its use or employment in the business or trade; Eighth, (a) In the case of oil and gas wells a reasonable allowance for actual reduction in flow and production... 
