ESTATE OF FREED v. COMMISSIONER

Docket No. 6898.

6 T.C.M. 216 (1947)

Estate of Reuben J. Freed, Deceased, Quakertown Trust Company, Executor v. Commissioner.

United States Tax Court.

Entered February 27, 1947.


Attorney(s) appearing for the Case

Early L. Gilbert, C.P.A., Lansdale, Pa., for the petitioner. Robert H. Kinderman, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

HARRON, Judge:

The Commissioner has determined a deficiency in estate tax in the amount of $9,626.36. The deficiency results from several adjustments made by the respondent, several of which are not in issue. The only questions presented for determination are as follows: (1) The value at the date of the death of the decedent of 190 shares of common stock of Quakertown Water Company. (2) The value at the date of the...

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