CHAPMAN v. UNITED STATES

Civ. No. 4-80-558.

527 F.Supp. 1053 (1981)

Loyal H. CHAPMAN and Mildred A. Chapman, Plaintiffs, v. UNITED STATES of America, Defendant.

United States District Court, D. Minnesota, Fourth Division.

December 14, 1981.


Attorney(s) appearing for the Case

John W. Harrigan, Harrigan & Hanley, Minneapolis, Minn., for plaintiffs.

James P. Sites and Larry Meuwissen, Tax Div., Dept. of Justice, Washington, D. C., for defendant.


MEMORANDUM AND ORDER

MacLAUGHLIN, District Judge.

This matter is before the Court on cross motions by the parties for summary judgment. The parties have stipulated to the facts. The only issue is whether the plaintiffs are entitled to a $15,000 deduction represented by a letter of credit. For the reasons stated herein, the defendant's motion for summary judgment will be granted.

The plaintiffs Loyal H. and Mildred A. Chapman, Minnesota residents...

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