FOX v. UNITED STATES

Civ. No. 4068.

266 F.Supp. 312 (1967)

E. F. FOX, Individually and as Executor of the Estate of Alice C. Fox, Deceased, Plaintiff, v. The UNITED STATES of America, Defendant.

United States District Court D. North Dakota, Southeastern Division.

February 16, 1967.


Attorney(s) appearing for the Case

J. Gerald Nilles and Timothy Q. Davies, of Nilles, Oehlert, Hansen, Selbo & Magill, Fargo, N. D., for plaintiff.

John O. Garaas, U. S. Atty., by Jerome Fink and Howard N. Singer, Attys., Dept. of Justice, Washington, D. C., for the United States.


MEMORANDUM AND ORDER

REGISTER, Chief Judge.

The sole question presented by this suit for refund of individual income taxes is whether interest paid by the Bank of North Dakota (a creation and agency of the State of North Dakota) on regular certificates of deposit issued by the bank to the Plaintiff and his deceased wife is to be included in computing gross income for federal income tax purposes.

For the calendar (and taxable) year 1959 E. F. and...

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