Haverty Furniture Co. v. United States

SIBLEY, District Judge.

The tax sought to be recovered was collected under the Revenue Act of 4918, Schedule A 6 (Comp. St. Ann. Supp. 1919, § 6318p), which lays a stamp tax of 2 cents per $100 on “drafts or checks, * * * promissory notes, except bank notes issued for circulation, and for each renewal of the same.” The instruments here involved are claimed to be “promissory notes.” They begin with the words, “This agreement witnesseth that I,-, have this day purchased from the Haverty Furniture Company,” and conclude with the words, “This writing is the whole contract and no verbal statements…