Osler, Hammond & Nanton Limited v. Minister of National Revenue, 63 DTC 1119, [1963] CTC 164, [1963] S.C.R. 432 -- text

JUDSON, J. (all concur) :—The appellant company, among other activities, carries on the business of an investment dealer. In 1954 it agreed to purchase from Trans-Prairie Pipelines Limited a new issue of preference and common shares. It purchased 140,000 preference

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