CHARLESTON NATIONAL BANK v. COMMISSIONER

Docket No. 33231.

20 T.C. 253 (1953)

THE CHARLESTON NATIONAL BANK, CHARLESTON, WEST VIRGINIA, A NATIONAL BANKING ASSOCIATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated April 30, 1953.


Attorney(s) appearing for the Case

Charles M. Love, Esq., for the petitioner.

Robert E. Johnson, Esq., for the respondent.


This is a proceeding involving a determination of deficiencies in petitioner's income and excess profits taxes as follows:

Year                                                 Tax       Deficiency

1944 --------------------------------------         Income        $157.80
1945 --------------------------------------         Income       8,881.88
1945 --------------------------------------   Excess profits     8,143.74

For the...

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