CARDINAL LIFE INSURANCE COMPANY v. UNITED STATES

Civ. A. No. 5-91.

300 F.Supp. 387 (1969)

CARDINAL LIFE INSURANCE COMPANY, a corporation, Plaintiff, v. UNITED STATES of America, Defendant.

United States District Court N. D. Texas, Lubbock Division.

April 22, 1969.


Attorney(s) appearing for the Case

Smith & Baker, by Edward R. Smith, Lubbock, Tex., for plaintiff.

Eldon B. Mahon, U. S. Atty., Dallas, Tex., Dept. of Justice, Tax Division, John O. Jones, Atty., Ft. Worth, Tex., for defendant.


MEMORANDUM OPINION

WILLIAM M. TAYLOR, Jr., District Judge.

Plaintiff Cardinal Life Insurance Company, of Lubbock, Texas, seeks to recover income tax and interest assessed against it in the amount of One Hunderd Twenty-Six Thousand Seven Hundred Fifty-Three and 37/100 Dollars ($126,753.37) for the taxable years 1955, 1956, 1958, 1959 and 1960 as follows:

    1955       $ 3,329.46
    1956        56,300.53
    1958        22,594.83
    1959...

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