URQUHART v. COMMISSIONER OF INTERNAL REVENUE

No. 9793.

125 F.2d 701 (1942)

URQUHART et al. v. COMMISSIONER OF INTERNAL REVENUE.

Circuit Court of Appeals, Ninth Circuit.

Rehearing Denied March 18, 1942.


Attorney(s) appearing for the Case

Rosenshine, Hoffman, Davis & Martin, Albert A. Rosenshine, Elbert W. Davis, and Walter Shelton, all of San Francisco, Cal., for petitioner.

Samuel O. Clark, Jr., Asst. Atty. Gen., and J. Louis Monarch, Joseph M. Jones, and Harry Marselli, Sp. Assts. to Atty. Gen., for respondent.

Before MATHEWS, HANEY, and STEPHENS, Circuit Judges.


STEPHENS, Circuit Judge.

Petition to review the decision of the United States Board of Tax Appeals determining deficiencies in petitioner taxpayers' income tax for the years 1935 and 1936.

Taxpayers are the testamentary trustees of a trust created by the will of E. H. Edwards, deceased. In computing their income taxes for the years involved, they took a deduction for certain payments which they had made to the Bank of California National Association, another...

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