Court of Appeals for the Seventh Circuit April 21, 1941, 7520 (Dunbar v. Commissioner of Internal Revenue)

BRIGGLE, District Judge.

Petitioner appeals from an order of the Board of Tax Appeals, sustaining a finding of the Commissioner of Internal Revenue that petitioner had not established his right to a deduction from his income for the year 1935, claimed on account of an alleged loss of $6,615 by reason of the alleged worthlessness of certain shares of the capital stock of the California and Oregon