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OMAHA LIVE STOCK TRADERS EX. v. UNITED STATES

Civ. No. 01569.

244 F.Supp. 384 (1965)

OMAHA LIVE STOCK TRADERS EXCHANGE, Plaintiff, v. UNITED STATES of America, Defendants.

United States District Court D. Nebraska.

August 17, 1965.

Attorney(s) appearing for the Case

E. G. Garvey and James R. McGreevy, Omaha, Neb., for plaintiff.

Howard N. Singer, Atty., Dept. of Justice, Washington, D. C., Theodore L. Richling, U. S. Atty., and Russell J. Blumenthal, Asst. U. S. Atty., Omaha, Neb., for defendants.

ROBINSON, Chief Judge.

This is a suit for the recovery of federal income taxes and assessed interest paid by the plaintiff for the years 1953, 1954, 1955, 1956 and 1957, plus statutory interest thereon.

Plaintiff, Omaha Live Stock Traders Exchange, timely filed tax returns for the years 1953 to 1957 inclusive reporting a loss for each year. These returns were adjusted by the Internal Revenue Service and plaintiff was required to and did pay on March 30, 1959...

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