COMMISSIONER OF INTERNAL REVENUE v. RICHTER

No. 7418.

114 F.2d 452 (1940)

COMMISSIONER OF INTERNAL REVENUE v. RICHTER.

Circuit Court of Appeals, Third Circuit.

Writ of Certiorari Granted November 18, 1940.


Attorney(s) appearing for the Case

Samuel O. Clark, Jr., Asst. Atty. Gen., and Sewall Key, Warren F. Watties, and Joseph M. Jones, Sp. Assts. to the Atty. Gen., for petitioner.

Richard H. Wilmer, of Washington, D. C., Carroll Wetzel, of Philadelphia, Pa., and Douglas L. Hatch, of Washington, D. C., for respondent.

Before MARIS, JONES, and GOODRICH, Circuit Judges.


Writ of Certiorari Granted November 18, 1940. See 61 S.Ct. 172, 85 L.Ed. ___.

MARIS, Circuit Judge.

This is a petition to review a decision of the Board of Tax Appeals. The facts were stipulated and were adopted by the Board as its findings of fact. In December, 1930, the taxpayer created a trust, the income of which was payable to his wife. He designated a trust company as sole trustee and gave the trustee power to hold and invest the trust securities, convert...

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