WILLIAMS & WADDELL, INC. v. PITTS

Civ. A. 4423.

148 F.Supp. 778 (1957)

WILLIAMS & WADDELL, Inc., Plaintiff, v. R. C. PITTS, Director of Internal Revenue for the District of South Carolina, Defendant.

United States District Court E. D. South Carolina, Columbia Division.

February 26, 1957.


Attorney(s) appearing for the Case

C. W. Knowlton (Boyd, Bruton & Lumpkin), Columbia, S. C., for plaintiff.

N. Welch Morrisette, U. S. Atty., Irvine F. Belser, Jr., Asst. U. S. Atty., Columbia, S. C., Charles K. Rice, Asst. Atty. Gen., James P. Garland, Robert H. Showen, Attorneys, Dept. of Justice, Washington, D. C., for defendant.


WYCHE, District Judge.

Plaintiff brings this action to recover income taxes alleged to have been erroneously assessed against it for its taxable year ending June 30, 1951. The alleged erroneous assessment was paid and plaintiff's claim for refund rejected. The case involves the deductibility as "ordinary and necessary business expenses" of certain payments made by plaintiff pursuant to a written agreement with the widow of a deceased stockholder and officer of plaintiff...

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