Keystone Mut. Casualty Co. v. Driscoll

The question presented by the appeal at bar is whether the taxpayer, Keystone Mutual casualty Company, is entitled to the exemption from income taxes provided by Sections 101(11) of the Revenue Acts of 1936 and 1938, 49 Stat. 1648, 1674 and 52 Stat. 447, 481, 26 U.S.C.A. Int. Rev. Code, 101(11). The complaint arose under the Act of march 3, 1887, c. 359, 1, 2, 24 Stat. 505, as amended, 28 U.S.C.A. 41 (20).