FIRST NATIONAL BANK v. COMMISSIONER OF INTERNAL REV.

No. 8843.

125 F.2d 157 (1942)

FIRST NATIONAL BANK OF MEMPHIS v. COMMISSIONER OF INTERNAL REVENUE.

Circuit Court of Appeals, Sixth Circuit.

January 13, 1942.


Attorney(s) appearing for the Case

F. E. Hagler, of Memphis, Tenn., for petitioner.

Samuel O. Clark, Jr., Asst. Atty. Gen., and J. P. Wenchel, Sewall Key, Ralph F. Staubly, J. Louis Monarch, and Louise Foster, Sp. Assts. to Atty. Gen., for respondent.

Before SIMONS, ALLEN, and MARTIN, Circuit Judges.


PER CURIAM.

The petitioner challenges findings made by the Board of Tax Appeals upon the value of real estate and leasehold interests of the petitioner on the ground that the Board disregarded the uncontroverted evidence of opinion witnesses, and that its findings are therefore not supported by substantial evidence.

It is the view of the court that there was sufficient data before the Board to enable it, as a tribunal developed by experience to expertness...

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