ESTATE OF GADE v. COMMISSIONER

Docket No. 13603.

10 T.C. 585 (1948)

ESTATE OF F. HERMAN GADE, DECEASED, THE NORTHERN TRUST COMPANY, EXECUTOR, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated April 6, 1948.


Attorney(s) appearing for the Case

John R. Heath, Esq., and William Burry, Esq., for the petitioner.

John D. Kiley, Esq., Lewis S. Pendleton, Esq., and Jackson L. Boughner, Esq., for the respondent.


OPINION.

OPPER, Judge:

In this proceeding respondent determined a deficiency of $8,110.87 in estate tax of the estate of F. Herman Gade, hereinafter referred to as decedent. A claim for an increased deficiency has been made by respondent, to be adjusted in the computation under Rule 50.

A question as to the fair market value of decedent's interests in certain realty having been settled by stipulation...

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