ROTA-CONE OIL FIELD OPERATING COMPANY v. COMMISSIONER

Docket Nos. 6808 and 6809.

6 T.C.M. 892 (1947)

Rota-Cone Oil Field Operating Company v. Commissioner. Municipal Securities Company v. Commissioner.

United States Tax Court.

Entered July 29, 1947.


Attorney(s) appearing for the Case

L. Karlton Mosteller, Esq., George H. McElroy, Esq., First Nat. Bank Bldg., Oklahoma City, Okla., and Floyd J. Swingle, C. P. A., Midwest Bldg., Oklahoma City, Okla., for the petitioners. E. G. Sievers, Esq., and John P. Higgins, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

The Commissioner determined deficiencies as follows:

----------------------------------------------------------------------------------------------------
                                                         Rota-Cone               Municipal
                                                    1941        1942          1941        1942
  Income tax .................................... $2,861.48    $     14...

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