Legal Opinion
William F. Ward and Carrie Duffy Ward v. The United States. Kennedy W. Ward and Audrey P. Ward v. The United States
United States Court of Claims
Decided July 15, 1970No. 300-68, 301-68PublishedCited by 4 opinions
1Opinion of the Court
OPINION
DURFEE, Judge.
This is an action for refund of Federal income taxes, with interest, assessed and collected from plaintiffs by defendant. The case comes before the court on a Memorandum Report by Trial Commissioner Franklin M. Stone, without findings, upon facts stipulated by the parties.
On April 4th and 5th, 1963, a fire burned over almost an entire tract of 2,672 acres of pine timber land. Plaintiffs in each of these two actions owned a 50 percent interest in this property acquired by a total purchase price of $8,-045, and 50 percent of the loss is attributable to each of the two…
2Cases cited5 opinions
- United States v. KingSupreme Court of the United States · 1969
- Helvering v. OwensSupreme Court of the United States · 1939
- Alcoma Association, Inc. v. United StatesCourt of Appeals for the Fifth Circuit · 1956
- Fred and Irene Rosenthal v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1969
- Carloate Industries, Inc. v. United StatesCourt of Appeals for the Fifth Circuit · 1966
3Cited by4 opinions
- Westvaco Corp. v. United StatesUnited States Court of Claims · 1980
- Weyerhaeuser Co. v. United StatesUnited States Court of Federal Claims · 1994
- ReedUnited States Court of Claims · 1972
- William F. Ward and Carrie Duffy Ward v. The United States. Kennedy W. Ward and Audrey P. Ward v. The United StatesUnited States Court of Claims · 1970