FRIEND v. COMMISSIONER OF INTERNAL REVENUE

No. 7373.

119 F.2d 959 (1941)

FRIEND et al. v. COMMISSIONER OF INTERNAL REVENUE.

Circuit Court of Appeals, Seventh Circuit.

Rehearing Denied June 13, 1941.


Attorney(s) appearing for the Case

Harry N. Wyatt and Richard H. Levin, both of Chicago, Ill., for petitioners.

Samuel O. Clark, Jr., Asst. Atty. Gen., and Newton K. Fox, Bureau of Internal Revenue, of Washington, D. C., for respondent.

Before EVANS and MAJOR, Circuit Judges, and LINDLEY, District Judge.


MAJOR, Circuit Judge.

This is a petition to review a decision of the Board of Tax Appeals finding deficiencies in the income taxes of the Executors of the estate of Henry Friend for the calendar years of 1934 and 1935, in the amounts of $3404.01 and $194.95 respectively.

At the time of the death of Henry Friend on August 1, 1932, he was the owner of two parcels of real estate. One of these, located at 6308-6310 South Halsted Street, Chicago, was, in 1920,...

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