34 T.C. 333 (1960), 65397, Crowley v. C. I. R.

Citation: 34 T.C. 333

Opinion Judge: DRENNEN, Judge:

Party Name: ROBERT P. CROWLEY AND MARY D. CROWLEY, HUSBAND AND WIFE, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT. CITY FEDERAL SAVINGS AND LOAN ASSOCIATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Attorney: Louis L. Meldman, Esq., and Sherwin C. Peltin, Esq., for the petitioners. Walter T. Hart, Esq., and James T. Wilkes, Jr., Esq., for the respondent.

Judge Panel: MURDOCK, J., dissenting: TURNER, OPPER, RAUM, and PIERCE, JJ.

Case Date: May 31, 1960

Court: U.S. Tax Court