Case Name: Adrian C. Conway, Petitioner, v. Commissioner of Internal Revenue, Respondent
Court: United States Board of Tax Appeals
Jurisdiction: United States
Decision Date: 1927-12-19
Citations: 9 B.T.A. 664
Docket Number: Docket No. 1614
Parties: Adrian C. Conway, Petitioner, v. Commissioner of Internal Revenue, Respondent.
Judges: Considered by Maeqtjette and Phillips.
Reporter: Reports of the United States Board of Tax Appeals
Volume: 9
Pages: 664–665

Head Matter:
Adrian C. Conway, Petitioner, v. Commissioner of Internal Revenue, Respondent.
Docket No. 1614.
Promulgated December 19, 1927.
March 1, 1913, value determined.
Adrian O. Gonway pro se.
Brice Toole, Esq., for the respondent.

Opinion:
OPINION.
Van Fossan:
Under the decisions of the Supreme Court in United States v. Flannery, 268 U. S. 98, and McCaughn v. Ludington, 268 U. S. 106, the loss in this case is to be computed by deducting the sale price from the aggregate cost. So computed, the loss is $375.
Judgment will be entered on 15 days' notice, under Rule 50.
Considered by Maeqtjette and Phillips.