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Show GOLDFIELD CON LOSES ITS CASE SAN rRAN CISCO No 30 Action by the Goldf eld Co solldated M nlng co n pany to recover $91 890 Its federal In come taxes for 1909 and 1910 on the ground that the ore taken from Its mines should ha e been deducted from its In come was d smissed here today by Judge William C Van Fleet ln the United States district court The min ng company contended that the removal of ore depreciated its cap tal and was eq alent to an operating ex pense Counsel for J J Scott, co ector of Internal revenue the defendant de murred contending that deduction of the ore value would have left a deficit, al though millions ln dividends were paid The reports showed the company was taxed on a net Income of $9 646 940 for the two years but that there was taken from its mines ore valued at $13 146 346 to produce this Incon e |