36 T.C. 102 (1961), 77570, Ludlow v. C.I.R.

Citation: 36 T.C. 102

Opinion Judge: MULRONEY, Judge:

Party Name: LEWIS M. LUDLOW AND HARRIET M. LUDLOW, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Attorney: Endicott Peabody, Esq., and Kingsbury Browne, Jr., Esq., for the petitioners. Douglas D. Robertson, Esq., for the respondent.

Judge Panel: MURDOCK, J., dissenting: TURNER and TRAIN, JJ., agree with this dissent.

Case Date: April 18, 1961

Court: U.S. Tax Court