1. Home
  2. Browse Decisions
  3. F.2d
  4. 154 F.2d
  5. 154 F.2d 968 (1946)
 

ENSLEY BANK & TRUST CO. v. UNITED STATES

No. 11465.

154 F.2d 968 (1946)

ENSLEY BANK & TRUST CO. v. UNITED STATES.

Circuit Court of Appeals, Fifth Circuit.

Rehearing Denied May 15, 1946.

Attorney(s) appearing for the Case

Bernard A. Monaghan and Lee C. Bradley, Jr., both of Birmingham, Ala., for appellant.

Homer R. Miller, Sp. Asst. to the Atty. Gen., and Sewall Key, Acting Asst. Atty. Gen., and William H. Burton, Jr., Asst. U. S. Atty., of Birmingham, Ala., for appellee.

Before SIBLEY, HOLMES, and McCORD, Circuit Judges.

SIBLEY, Circuit Judge.

Ensley Bank & Trust Company, as taxpayer, made income tax returns on the actual receipts and disbursements basis, claiming in 1933 and 1934 deductions on account of a partial charge-off in each year as worthless of a note due by the defunct Ensley National Bank for an original principal of $355,080.63. The deductions were disallowed, additional taxes were assessed and paid, refund denied, and suit brought in the District Court to recover...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases