ESTATE OF BRADLEY v. COMMISSIONER

Docket No. 106452.

2 T.C.M. 609 (1943)

Estate of Mrs. Sarah H. Bradley, Columbus Bank & Trust Co., W. C. Bradley, and Mrs. Elizabeth Bradley Turner, Executors v. Commissioner.

United States Tax Court.

Entered August 6, 1943.


Attorney(s) appearing for the Case

John E. McClure, Esq., and J. Q. Davidson, Esq., Murrah Bldg., Columbus, Ga., for the petitioners. F. L. Van Haaften, Esq., and Francis T. Donahoe, Esq., for respondent.


Memorandum Findings of Fact and Opinion

The Commissioner determined a deficiency in the estate tax on the estate of Mrs. Sarah H. Bradley in the amount of $690,697.53. The petitioners claim an overpayment. The issues, briefly stated, are the following:

1. What was the value on December 30, 1936 of 1,563 shares of the common capital stock of the W. C. Bradley Co.? In the estate tax return, the petitioners valued the stock of the W. C. Bradley Co. held by...

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