STANDARD ASBESTOS MFG. AND INSULATING CO. v. COMMISSIONER

Docket Nos. 60607, 60696.

17 T.C.M. 207 (1958)

T.C. Memo. 1958-42

Standard Asbestos Manufacturing and Insulating Company v. Commissioner. Alice D. Ryder v. Commissioner.

United States Tax Court.

Filed March 18, 1958.


Attorney(s) appearing for the Case

Harry H. Ellis, Esq., Argyle Building, Kansas City, Mo., for the petitioners. Claude R. Sanders, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

FISHER, Judge:

In these consolidated proceedings respondent determined deficiencies in income taxes and additions to the taxes of petitioners as follows:

        Docket No. 60607

  Year               Deficiency

  1949 ...........   $19,644.67
  1950 ...........    40,843.10
  1951 ...........    56,432.34
         Docket No. 60696

                         Additions...

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