James Clark McReynolds,
Helvering v. Horst — Separate Opinion
“ The unmatured coupons given to the son were independent negotiable instruments, complete in themselves. Through the gift they became at once the absolute property of the donee, free from the donor's control and in no way dependent upon ownership of the bonds. No question of actual fraud or purpose to defraud the revenue is presented. ”
James Clark McReynolds,
Helvering v. Horst — Separate Opinion
“ Commissioner, 300 U.S. 5, 57 S.Ct. 330, 81 L.Ed. 465, are applicable and controlling. The challenged judgment should be affirmed.The CHIEF JUSTICE and Mr. Justice ROBERTS concur in this opinion. Notes This work is in the public domain in the United States because it is a work of the United States federal government (see 17 U.S.C. 105) . ”
