12 T.C. 1139 (1949), 11341, Fawn Lake Ranch Co. v. C.I.R.

Citation: 12 T.C. 1139

Opinion Judge: LEECH, Judge:

Party Name: FAWN LAKE RANCH COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Attorney: W. C. Fraser, Esq., for the petitioner. Gene W. Reardon, Esq., for the respondent.

Judge Panel: TURNER, J., dissenting: DISNEY, J., agrees with this dissent.

Case Date: June 27, 1949

Court: U.S. Tax Court