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ELWARD v. UNITED STATES

No. 73 C 3240.

420 F.Supp. 840 (1976)

Joseph F. ELWARD, Plaintiff, v. UNITED STATES of America, Defendant.

United States District Court, N. D. Illinois, E. D.

September 30, 1976.

Attorney(s) appearing for the Case

Edward S. Macie, Chicago, Ill., for plaintiff.

Scott P. Crampton, Asst. Atty. Gen., Edward J. Snyder, Robert M. Greco, U. S. Dept. of Justice, Washington, D. C., Stanley Kubacki, Asst. U. S. Atty., Chicago, Ill., for defendant.

MEMORANDUM DECISION

MARSHALL, District Judge.

This is an action brought by plaintiff, Joseph F. Elward, against defendant, United States of America, for the recovery of federal income taxes paid by plaintiff for the year 1966. No question is raised as to plaintiff's right to maintain the action and jurisdiction is not disputed. The center of the controversy is the proper cost basis of common stock in Chicago and West Towns Railways, Inc. which plaintiff...

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