Legal Opinion
First National Bank & Trust Co. v. United States
District Court, W.D. Oklahoma
Decided June 29, 1971No. Civ. No. 70-389PublishedCited by 7 opinions
1Opinion of the Court
MEMORANDUM OPINION
DAUGHERTY, District Judge.
Taxpayer, the First National Bank & Trust Company of Chickasha, Oklahoma, seeks refund of income taxes assessed and paid by reason of the disallowance of a claimed loss arising from the demolition of a building acquired by it. The parties have stipulated to certain facts *1148in the case and have submitted the same to the Court for decision based thereon.
Taxpayer, by a Contract for Sale of Real Estate, purchased the property in question on May 17, 1965. The purpose of the Taxpayer in acquiring the property was to expand the bank’s facilities and on the…
2Cases cited6 opinions
- Union Pacific Railroad Company v. The United StatesUnited States Court of Claims · 1968
- Sibyl Herrington v. United StatesCourt of Appeals for the Tenth Circuit · 1969
- RED RIVER LUMBER COMPANY v. United StatesUnited States Court of Claims · 1956
- Sir Francis Drake Hotel Co. v. United StatesDistrict Court, N.D. California · 1947
- Austin Nat. Bank v. ScofieldDistrict Court, W.D. Texas · 1948
1 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- The First National Bank & Trust Company of Chickasha v. United StatesCourt of Appeals for the First Circuit · 1972
- Hempt Bros., Inc. v. United StatesDistrict Court, M.D. Pennsylvania · 1973
- Honeywell, Inc. v. United StatesCourt of Appeals for the Eighth Circuit · 1992
- Lockheed Martin Corp. v. United StatesUnited States Court of Federal Claims · 1997
- Nucorp, Inc. v. United StatesUnited States Court of Claims · 1991
2 more not listed; retrieve them via the Exa API.