Elmhurst Cemetery Co. of Joliet v. Commissioner

Supreme Court of the United States · Decided 1937-02-01

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Mr. Justice McReynolds delivered the opinion of the Court. Petitioner, in 1909, purchased one hundred and thirty-seven acres of land near Joliet, Illinois, for $60,000.00. Thirty-seven acres were divided into plots and developed for cemetery purposes by grading, constructing drives, planting shrubbery, etc., at a cost of $35,000.00. Grave plots, varying in area…

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