MAYER v. UNITED STATES

No. 16103.

285 F.2d 683 (1960)

Eva R. MAYER, Executrix of the Estate of Edwin E. Mayer, deceased, Harold J. Graves and Beulah F. Graves, Thomas O. Meyer and Pauline Meyer, Augusta Kelly, and The Estate of Raymond F. Kelly, deceased, Augusta Kelly, Residuary Legatee, Appellants, v. UNITED STATES of America, Appellee.

United States Court of Appeals Ninth Circuit.

December 9, 1960.


Attorney(s) appearing for the Case

Mautz, Souther, Spaulding, Denecke & Kinsey, Arno H. Denecke, William H. Kinsey, James R. Moore, Davidson, Duffy & Stout, Carl E. Davidson, Portland, Or., for appellants.

Charles K. Rice, Asst. Atty. Gen., Lee A. Jackson, Joseph F. Goetten, Helen A. Buckley, Attys., Dept. of Justice, Washinton, D. C., C. E. Luckey, U. S. Atty., Edward J. Georgeff, Asst. U. S. Atty., Portland, Or., for appellee.

Before POPE, CHAMBERS and HAMLEY, Circuit Judges.


CHAMBERS, Circuit Judge.

A patent of one Gruber on a device called the Viewmaster has resulted in a commercial success, at least until someone makes a better one.

Gruber, on the license of his retained one half interest in the basic patent, has secured capital gains treatment and, thus, lower federal income taxes for the taxable years 1950, 1951 and 1952. Edwin F. Mayer, Harold J. Graves, Thomas O. Meyer and Raymond F. Kelly,1...

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