BLALOCK v. U.S.

Nos. DC 81-187-LS-O to DC 81-190-LS-O.

695 F.Supp. 874 (1988)

Hill BLALOCK, Miriam S. Blalock, Pat D. Holcomb, W.A. Crabill, Marjorie Crabill, Estate of Henry C. Self and Virginia N. Self, Plaintiffs, v. UNITED STATES of America, Defendant.

United States District Court, N.D. Mississippi, Delta Division.

July 27, 1988.


Attorney(s) appearing for the Case

Charles M. Merkel, Cynthia I. Mitchell, Merkel & Cocke, Clarksdale, Miss., for plaintiffs.

Robert Q. Whitwell, U.S. Atty., Oxford, Miss., Ann Reid, Trial Atty., Tax Div., Dept. of Justice, Washington, D.C., for defendant.


OPINION

SENTER, Chief Judge.

This cause comes before the court on cross-motions for summary judgment or for judgment on the record.1 Plaintiffs brought these civil actions seeking refunds of amounts assessed against them in 1976 and 1977. The question presented is whether loans from the plaintiffs' partnership to their subchapter S small business corporation, New Buildings, Inc.,...

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