STOCK YARDS NATIONAL BANK OF SOUTH ST. PAUL v. COMMISSIONER

Docket No. 111537.

6 T.C.M. 478 (1947)

Stock Yards National Bank of South St. Paul v. Commissioner.

United States Tax Court.

Entered April 29, 1947.


Attorney(s) appearing for the Case

Grant W. Anderson, Esq., c/o Northwestern Nat. Bank & Trust Co. of Minneapolis, Minneapolis, Minn., for the petitioner. Edward C. Adams, Esq., for the respondent.


Memorandum Findings of Fact and Opinion Sur Mandate

This case was remanded to this Court by the Circuit Court of Appeals for the Eighth Circuit for further proceedings in accordance with its opinion. Stock Yards National Bank of South St. Paul v. Commissioner, 153 Fed. (2d) 708 [46-1 USTC ¶ 9179].

The Commissioner determined that the transfer in March 1938 of all the assets of the Stock Yards Mortgage Company, including the Stebbins farm and...

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