ESTATE OF BAKEWELL v. COMMISSIONER

Docket No. 48086.

14 T.C.M. 144 (1955)

T.C. Memo. 1955-41

Estate of Hazel King Bakewell, Deceased, Wells Fargo Bank & Union Trust Co., John Bakewell, Jr., and Frank B. King, Executors v. Commissioner.

United States Tax Court.

Filed February 16, 1955.


Attorney(s) appearing for the Case

Robert C. Harris, Esq., 14 Montgomery Street, San Francisco, Calif., for the petitioner. Clyde R. Maxwell, Jr., Esq., for the respondent.


Memorandum Findings of Fact and Opinion

TIETJENS, Judge:

The respondent determined a deficiency in estate tax of $62,014.39.

The sole question for decision is the value of 333 shares of capital stock of Rex Improvement Company, a personal holding company.

Findings of Fact

The stipulated facts are so found and the stipulation is included herein by reference.

Hazel King Bakewell...

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