COCHRAN v. UNITED STATES

No. 45425.

62 F.Supp. 872 (1945)

COCHRAN v. UNITED STATES.

Court of Claims.

November 5, 1945.


Attorney(s) appearing for the Case

Howe P. Cochran, of Washington, D. C., per se.

H. S. Fessenden, of Washington, D. C., and Samuel O. Clark, Jr., Asst. Atty. Gen. (Robert N. Anderson and Fred K. Dyar, both of Washington, D. C., on the brief), for defendant.

WHALEY, Chief Justice, and LITTLETON, WHITAKER, JONES, and MADDEN, Judges.


LITTLETON, Judge.

Plaintiff sues to recover an overpayment of individual income tax for 1934, on the ground that he was entitled to a deduction in that year which was not shown on his return, of $10,000 as a loss sustained as a result of certain stock for which he had paid, that amount becoming worthless in 1934. The evidence shows and it is admitted that plaintiff paid $10,000 for the stock in question and that this stock did become worthless in 1934 (finding 7)...

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