STAKED PLAINS TRUST, LIMITED v. COMMISSIONER

Docket No. 109202.

2 T.C.M. 566 (1943)

Staked Plains Trust, Limited, Henry F. Whitney, Hugh R. Partridge and William F. Feeney, Trustees v. Commissioner.

United States Tax Court.

Entered August 5, 1943.


Attorney(s) appearing for the Case

J. P. Jackson, Esq., P. B. Randolph, Esq., and W. G. Peavy, C. P. A., 711 Santa Fe Bldg., Dallas, Tex., for the petitioner. Sam G. Winstead, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

HILL, Judge:

This proceeding involves deficiencies in income and excess-profits tax for the year 1937 in the amounts of $12,695.76 and $3,013.23, respectively. In its petition, petitioner claimed an over payment of $729.68 and assigned numerous errors arising from respondent's adjustments. The parties have resolved the majority of their differences by abandonment or agreement and effect will be given thereto in the...

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