Legal Opinion
The Citizens Bank of Weston v. Commissioner of Internal Revenue
Court of Appeals for the Fourth Circuit
Decided February 14, 1958No. 7567PublishedCited by 41 opinions
1Opinion of the Court
SOBELOFF, Circuit Judge.
A controversy has arisen between The Citizens Bank of Weston, West Virginia, and the Commissioner of Internal Revenue becauso of his disallowance of a deduction for a portion of the loss claimed to have resulted from flood damage.
In 1930 The Citizens Bank constructed a stone bank building consisting of one floor at street level, a mezzanine, and a basement. The basement contained a heating plant and facilities for the storage of records and supplies. In June, 1950, the West Fork River flooded approximately twenty-five feet above its normal level and inundated the…
2Cases cited8 opinions
- United States v. CausbySupreme Court of the United States · 1946
- United States v. S. S. White Dental Manufacturing Co.Supreme Court of the United States · 1927
- Weiss v. WeinerSupreme Court of the United States · 1929
- W. B. Davis & Son, Inc. v. CommissionerUnited States Tax Court · 1945
- Mid-State Products Co. v. CommissionerUnited States Tax Court · 1954
3 more not listed; retrieve them via the Exa API.
3Cited by41 opinions
- Peterson v. CommissionerUnited States Tax Court · 1958
- Denise Coal Co. v. CommissionerCourt of Appeals for the Third Circuit · 1959
- Harvey and Florence Pulvers v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1969
- Burke v. CommissionerUnited States Tax Court · 1959
- Pulvers v. CommissionerUnited States Tax Court · 1967
36 more not listed; retrieve them via the Exa API.