FOLEY v. REYNOLDS

Civil Action No. 534.

58 F.Supp. 228 (1944)

FOLEY v. REYNOLDS, Collector of Internal Revenue.

District Court, D. Minnesota, Third Division.

November 17, 1944.


Attorney(s) appearing for the Case

Ira C. Oehler, of St. Paul, Minn., for plaintiff.

Victor E. Anderson, U. S. Atty., and Linus J. Hammond, Asst. U. S. Atty., both of St. Paul, Minn., for defendant.


NORDBYE, District Judge.

The facts are stipulated. The question is whether plaintiff was entitled to a bad debt deduction of $6,666.02 which he took in his income tax report for 1938. The pertinent facts appear to be as follows:

Plaintiff was the mortgagee1 of certain St. Paul, Minnesota, improved real estate upon which the real estate taxes for the years 1928 to 1935, incl., were not paid. Foley Brothers Building Company was the...

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