JENKINS v. SMITH

No. 3911.

21 F.Supp. 433 (1937)

JENKINS et al. v. SMITH, Collector of Internal Revenue.

District Court, D. Connecticut.

December 1, 1937.


Attorney(s) appearing for the Case

Curtiss K. Thompson and John H. Weir, both of New Haven, Conn., for plaintiffs.

James W. Morris, Asst. Atty. Gen., and Andrew D. Sharpe and Maurice J. Mahoney, Sp. Assts. to the Atty. Gen. (Robert P. Butler, U. S. Atty., and Louis Y. Gaberman, Asst. U. S. Atty., both of Hartford, Conn., on the brief), for defendant.


THOMAS, District Judge.

This is a federal income tax refund case involving three issues with reference to income taxes of Leonard A. Jenkins, the plaintiffs' decedent, on the return for 1933. The three questions to be decided are quite unrelated, and the facts and law with respect to each will be stated and discussed separately.

I. The decedent, in 1932, in order to protect his investment in stock of the Merchants National Bank of New Haven, of which he was...

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