Wood & Ewer Co. v. Ham

HALE, District Judge.

This is an action at law to recover income taxes paid by the plaintiff under protest; $4,599.38 for the year 1919, and $4,657.20 for the year 1920. The plaintiff, having its residence at Bangor, Me., alleges that it made the above payments on June 16, 1924, and that such payments constituted an overassessment.

By.the government records it appears that the plaintiff corporation, in March, 1920, filed its return for the year ending December 31, 1919, in which it showed an inventory of $81,192.15 as the value of goods and stock. On May 21, 1924, an additional tax was assessed…