ESTATE OF HENRY v. COMMISSIONER

Docket No. 109972.

4 T.C. 423 (1944)

ESTATE OF SALLIE HOUSTON HENRY, DECEASED, CHARLES J. BIDDLE AND GERALD RONON, EXECUTORS, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated December 7, 1944.


Attorney(s) appearing for the Case

Henry S. Drinker, Esq., Richard K. Stevens, Esq., and John W. Bodine, Esq., Frederick E. S. Morrison, Esq., and Andrew B. Young, Esq., for the petitioners.

Brooks Fullerton, Esq., for the respondent.


The Commissioner determined a deficiency in estate tax in the amount of $4,508,229. In his answer to the amended petition claim is made for a substantially larger amount. (The precise amount has not been computed.) Petitioners allege they are entitled to a refund.

Joint motion to limit the hearing in the first instance was granted. Under the conclusions, which have been reached on the issues submitted, the question reserved—i. e., the valuation of stock dividends...

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