Quimbee logo
DMCA.com Protection Status
From our private database of 18,300+ case briefs...

Philadelphia Park Amusement Co. v. United States

United States Court of Claims
130 Ct.Cl. 166, 126 F.Supp. 184 (Ct. Cl. 1954)



In 1889, the predecessor to Philadelphia Park Amusement Co. (Philadelphia Park) (plaintiff) received a 50-year franchise from the city of Philadelphia to run a passenger railway in Fairmont Park. In 1934, Philadelphia Park received a ten-year extension on the franchise. In exchange for the extension, Philadelphia Park deeded to the city Strawberry Bridge, which it had built over the Schuylkill River. By 1946, Philadelphia Park abandoned the franchise. It later attempted to take depreciation deductions based on the cost of the abandoned ten-year extension. The Commissioner (defendant) disputed the value of Philadelphia Park’s cost basis in the extension.

Rule of Law


Holding and Reasoning (Laramore, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 486,000 law students since 2011. Some law schools—such as Yale, Vanderbilt, Berkeley, and the University of Illinois—even subscribe directly to Quimbee for all their law students. Read our student testimonials.

  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students. Read more about Quimbee.

Here's why 486,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 18,300 briefs, keyed to 985 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Questions & Answers

Have a question about this case?

Sign up for a free 7-day trial and ask it

Sign up for a FREE 7-day trial