COWAN v. HENSLEE

No. 10980.

180 F.2d 73 (1950)

COWAN et al. v. HENSLEE, Collector of Internal Revenue. KLEIN et al. v. HENSLEE, Collector of Internal Revenue.

United States Court of Appeals Sixth Circuit.

February 17, 1950.


Attorney(s) appearing for the Case

M. W. Egerton, Knoxville, Tenn., Wm. W. Davis, Egerton, McAfee, Armistead & Davis, Knoxville, Tenn., on the brief, for appellants.

Morton K. Rothschild, Washington, D. C., Theron Lamar Caudle, Ellis N. Slack, A. F. Prescott, Washington, D. C., Ward Hudgins, A. O. Denning, Nashville, Tenn., on the brief, for appellee.

Before ALLEN, MARTIN and MILLER, Circuit Judges.


PER CURIAM.

These consolidated cases were instituted for the recovery of deficiencies in income tax theretofore paid and alleged to have been illegally collected. The sole question presented is whether the appellants Marion O. Cowan and Victor H. Klein, hereinafter called the taxpayers, who were trustees of an insolvent bank, are entitled to tax reduction under § 107 Int.Rev.Code, as amended, 26 U.S.C.A. § 107, with respect to additional compensation awarded...

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