Reed's Estate v. Scofield, Collector of Internal Revenue
Cases that cite this one
5 later published cases cite this decision.
- In re Fleming Construction Corporation (United States Bankruptcy Court, E.D. Pennsylvania 1985)
- In re Valley Forge Corp. (United States Bankruptcy Court, E.D. Pennsylvania 1983)
- In re Pigott, James P., T/d/b/a James P. Pigott Building Materials. Appeal of Conestoga Ceramic Tile Distributors, Inc (3d Cir. 1982)
- In re Pigott (3d Cir. 1982)
- In the Matter of Mellen Manufacturing Company, Bankrupt. Nathaniel Gora (3d Cir. 1961)
This list shows which later cases cite this one. It does not say how they treated it, and no review of that has been done. Not a substitute for Shepard’s or KeyCite — verify before relying.
Opinion
The sole question in this case involves the correctness of the finding of the trial Court, against the contention of the taxpayer suing for a refund, that such plaintiff had failed to show that an oil and mineral lease became finally worthless in the year 1941. The establishment of loss in such year was essential to the plaintiff’s claim for recovery since the deduction therefor was claimed for the year 1941. The Commissioner had allowed the claim for the year 1940 but had disallowed it as accruing from a loss sustained during 1941. Upon consideration of the facts and circumstances in the case, we conclude that the finding of the trial Judge is supported by the evidence. Cf. Mine Hill & Schuylkill Haven R. Co. v. Smith, 3 Cir., 184 F.2d 422.
The judgment appealed from is Affirmed.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.