SUPERIOR COAL CO. v. COMMISSIONER

Docket No. 110137.

2 T.C.M. 984 (1943)

Superior Coal Company v. Commissioner.

United States Tax Court.

Entered November 13, 1943.


Attorney(s) appearing for the Case

Nelson S. Trottman, Esq., 400 W. Madison St., Chicago, Ill., for the petitioner. Harold H. Hart, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

MELLOTT, Judge:

The Commissioner determined a deficiency in the income tax of petitioner for the calendar year 1939 in the amount of $40,959.67. The sole issue is — Did the petitioner sustain a deductible loss during the calendar year 1939 with respect to subsurface coal lands situated in Monroe County, Iowa, to which it held title? Other assignments of error...

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