Kyle v. United States

STERLING HUTCHESON, Chief Judge.

The following is to be considered as findings of fact and conclusions of law in the above case.

In September 1946 Zelma T. and Betty K. Kyle, hereinafter referred to as the plaintiffs, purchased a residence, located at No. 1602 Cedar Lane, Richmond, Virginia. In December 1946 they sold the residence on Cedar Lane to a purchaser. The price paid by the plaintiffs for the residence was $16,500. The sale price to the purchaser was $17,750. The purchaser paid a $700 deposit and took possession of the residence on December 15, 1945. Thereafter on December 30, 1946,…