ESTATE OF FITTS v. COMMISSIONER

Docket No. 51191.

14 T.C.M. 1065 (1955)

T.C. Memo. 1955-269

Estate of Cora Russel Fitts, Deceased, J. Russel Fitts and Frank E. Tyler, Co-executors v. Commissioner.

United States Tax Court.

Filed September 30, 1955.


Attorney(s) appearing for the Case

Frank E. Tyler, Esq., and Henry W. Logan, Esq., for the petitioner. Urban C. Bergbauer, Esq., and Claude R. Sanders, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

The Commissioner determined a deficiency in estate tax of $36,325.05.

The only question for decision is the value of shares of stock of the Fitts Dry Goods Company, Kansas City, Missouri, 263-11/12 shares of which were owned by the decedent at the time of her death on February 10, 1949.

Findings of Fact.

Some of the facts have been stipulated, are so found, and the stipulation is included herein by...

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