HACKETT v. COMMISSIONER OF INTERNAL REVENUE

Nos. 4155-4157.

159 F.2d 121 (1946)

HACKETT v. COMMISSIONER OF INTERNAL REVENUE. WELLMAN v. SAME. NICHOLS v. SAME.

Circuit Court of Appeals, First Circuit.

December 18, 1946.


Attorney(s) appearing for the Case

Edward C. Park, of Boston, Mass. (Withington, Cross, Park & McCann, of Boston, Mass., on the brief), for petitioners for review.

Melva M. Graney, Sp. Asst. to Atty. Gen. (Douglas W. McGregor, Asst. Atty. Gen., and Sewall Key, Robert N. Anderson, and Robert Koerner, Sp. Assts. to Atty. Gen., on the brief), for Commissioner of Internal Revenue.

Before MAGRUDER, MAHONEY, and WOODBURY, Circuit Judges.


MAHONEY, Circuit Judge.

Petitioners, Robert P. Hackett, Arthur O. Wellman and John H. Nichols, seek review of the decision of the Tax Court which in a consolidated proceeding sustained a determination by the Commissioner of Internal Revenue of deficiencies in their income taxes for the calendar year 1941. Hackett, Wellman and Nichols were officer-directors of Nichols & Co., Inc., a Massachusetts corporation.

The facts were all stipulated and were so found...

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