HOGAN v. COMMISSIONER OF INTERNAL REVENUE

No. 10749.

141 F.2d 92 (1944)

HOGAN v. COMMISSIONER OF INTERNAL REVENUE. COMMISSIONER OF INTERNAL REVENUE v. HOGAN.

Circuit Court of Appeals, Fifth Circuit.

February 25, 1944.


Attorney(s) appearing for the Case

James H. Yeatman, of Houston, Tex., for Fred T. Hogan.

Joseph M. Jones, Sewall Key, Robert N. Anderson, and Helen Goodner, Sp. Assts. to the Atty. Gen., Samuel O. Clark, Jr., Asst. Atty. Gen., and J. P. Wenchel, Chief Counsel, Bureau of Internal Revenue, and Charles E. Lowery, Sp. Atty., Bureau of Internal Revenue, both of Washington, D. C., for Commissioner of Internal Revenue.

Before HOLMES, WALLER, and LEE, Circuit Judges.


LEE, Circuit Judge.

This case comes to us on separate petitions of Fred T. Hogan, the taxpayer, and the Commissioner of Internal Revenue for a review of a decision of the Tax Court. Both causes were consolidated upon joint motion for printing the record, briefing, argument and decision. The questions presented for determination are:

1. Was the transfer by Choate & Hogan, a partnership of which taxpayer was a member, of an interest in a producing oil and...

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