1. Home
  2. Browse Decisions
  3. F.Supp.
  4. 34 F.Supp.
  5. 34 F.Supp. 509 (1938)
 

LITTLEWOOD v. KYLE

No. 19312.

34 F.Supp. 509 (1938)

LITTLEWOOD v. KYLE, Collector.

District Court, E. D. Pennsylvania.

March 23, 1938.

Attorney(s) appearing for the Case

Foulkrod, Sheppard, Porter & Alexander (by William C. Alexander, Jr.), all of Philadelphia, Pa., for plaintiff.

J. Cullen Ganey, former U. S. Atty., and Thomas J. Curtin, Asst. U. S. Atty., both of Philadelphia, Pa., and Fred J. Neuland and Norman Keller, Sp. Assts. to Atty. Gen., for defendant.

DICKINSON, District Judge.

Leave was granted to submit briefs, a ruling being in the meantime withheld.

The case is the usual one of a claim in reduction of income because of a bad debt loss.

The Fact Situation

The plaintiff was a director of the Manayunk Trust Company. It showed symptoms of financial weakness in 1931. The Directors agreed to make it a loan of $150,000, payable after its deposit creditors. The plaintiff contributed $12,500...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases