LEHN & FINK PRODUCTS CORPORATION v. COMMISSIONER OF INTERNAL REVENUE

Nos. 9335, 9336.

165 F.2d 207 (1948)

LEHN & FINK PRODUCTS CORPORATION v. COMMISSIONER OF INTERNAL REVENUE.

Circuit Court of Appeals, Third Circuit.

Decided January 6, 1948.


Attorney(s) appearing for the Case

Montgomery B. Angell, of New York City (Lucius A. Buck, D. Nelson Adams and Chauncey Belknap, all of New York City, on the brief), for petitioner.

I. Henry Kutz, of Washington, D.C. (Theron Lamar Caudle, Asst.Atty.Gen., and Helen R. Carloss, Sp.Asst. to the Atty. Gen., on the brief), for respondent.

Before BIGGS, MARIS and KALODNER, Circuit Judges.


PER CURIAM.

The question presented by the appeals at bar is whether the Tax Court's findings of fair market value of certain property, including trade-marks, trade names, secret processes, formulas and good will of A. S. Hinds Company possessed substantial basis in the evidence, or were arbitrary or capricious. See 7 T.C.287. Examination of the record and of the briefs filed by the parties and consideration of the oral argument convince us that the conclusions of...

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