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C. D. JOHNSON LUMBER CORPORATION v. COMMISSIONER

Docket No. 8774.

16 T.C. 1406 (1951)

C. D. JOHNSON LUMBER CORPORATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated June 20, 1951.

Attorney(s) appearing for the Case

Charles E. McCulloch, Esq., Fletcher Rockwood, Esq., Thomas B. Stoel, Esq., and Eric P. Van, C. P. A., for the petitioner.

John H. Pigg, Esq., for the respondent.

SUPPLEMENTAL OPINION.

JOHNSON, Judge:

The original opinion in this proceeding was promulgated March 17, 1949, at 12 T.C. 348. Thereafter the parties filed conflicting computations under Rule 50 of this Court's Rules of Practice, petitioner filing three alternative computations and respondent filing one. At a hearing on November 15, 1950, the parties filed a stipulation of facts...

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