36 T.C. 703 (1961), 81315, Estate of Mundy v. C.I.R.

Citation: 36 T.C. 703

Opinion Judge: DRENNEN, Judge:

Party Name: ESTATE OF WILLIAM D. MUNDY, DECEASED, JOAN B. MUNDY, EXECUTRIX, AND JOAN B. MUNDY, INDIVIDUALLY, ET AL.,[1] PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Attorney: George F. Townes, Esq., for the petitioners. James E. Johnson, Jr., Esq., for the respondent.

Judge Panel: MURDOCK, J.,[1] dissents.

Case Date: July 21, 1961

Court: U.S. Tax Court