ESTATE OF WORK v. COMMISSIONER

Docket Nos. 102805, 102807.

16 T.C. 863 (1951)

ESTATE OF FRANK WORK, GUY CARY, A. LOEB SALKIN AND WALTER MAYNARD, AS EXECUTORS AND TRUSTEES UNDER THE LAST WILL AND TESTAMENT OF FRANK WORK, DECEASED, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated April 23, 1951.


Attorney(s) appearing for the Case

A. Loeb Salkin, Esq., for the petitioners.

Walt Mandry, Esq., for the respondent.


The respondent has determined that the decedent's estate is liable as a transferee for the unpaid income taxes of the Pacific and Atlantic Telegraph Company of the United States and the Southern and Atlantic Telegraph Company for the year 1930 in the amounts of $2,534.76 and $2,187.50, respectively.

The principal issue herein is whether the Commissioner has satisfactorily established the insolvency of the Pacific and Atlantic...

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