38 T.C. 316 (1962), 88419, Priester v. C.I.R.

Citation: 38 T.C. 316

Opinion Judge: PIERCE, Judge:

Party Name: MILTON F. PRIESTER AND ROBBIE PRIESTER, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Attorney: W. Stuart McCloy, Esq., for the petitioners. Michael P. McLeod, Esq., for the respondent.

Judge Panel: TIETJENS, J., dissenting: OPPER and FORRESTER, J.J., agree with this dissent.

Case Date: Tuesday May 29, 1962

Court: U.S. Tax Court