30 T.C. 881 (1958), 61345, J. I. Morgan, Inc. v. C.I.R.

Citation: 30 T.C. 881

Opinion Judge: WITHEY, Judge:

Party Name: J. I. MORGAN, INC., PETITIONER, v. COMMISSIONER of INTERNAL REVENUE, RESPONDENT. J. I. MORGAN AND FRANCES MORGAN, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Attorney: Carl E. Davidson, Esq., and Charles P. Duffy, Esq., for the petitioners. John D. Picco, Esq., for the respondent.

Judge Panel: MURDOCK, J., dissenting: RAUM, J. agrees with this dissent. PIERCE, J., dissenting: ATKINS, J., agrees with this dissent.

Case Date: July 09, 1958

Court: U.S. Tax Court