NATIONAL METROPOLITAN BANK v. COMMISSIONER OF INT. REV.

No. 5258.

145 F.2d 649 (1944)

NATIONAL METROPOLITAN BANK v. COMMISSIONER OF INTERNAL REVENUE.

Circuit Court of Appeals, Fourth Circuit.

November 13, 1944.


Attorney(s) appearing for the Case

Otis Beall Kent, of Washington, D. C. (Earl Whittier Shinn and Joseph K. Moyer, both of Washington, D. C., on the brief), for petitioner.

Louise Foster, Sp. Asst. to Atty. Gen. (Samuel O. Clark, Jr., Asst. Atty. Gen., Sewall Key and A. F. Prescott, Sp. Assts. to Atty. Gen., on the brief), for respondent.

Before PARKER, SOPER, and DOBIE, Circuit Judges.


DOBIE, Circuit Judge.

On this appeal, we are asked by the National Metropolitan Bank, surviving trustee of the Walter Brownley Trust (hereinafter called petitioner) to review and reverse a decision of the Tax Court of the United States, determining income taxes due by petitioner for the taxable years 1937 to 1939, inclusive.

The facts, about which there is little dispute, in spite of their complicated nature, were set out in detail in the opinion of the Tax...

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