C. I. R. v. CALLNER

Nos. 13178-13180.

287 F.2d 642 (1961)

COMMISSIONER OF INTERNAL REVENUE, Petitioner, v. Julius CALLNER, Sarah Callner, Respondents. COMMISSIONER OF INTERNAL REVENUE, Petitioner, v. Morris J. OKRENT, Esta Okrent, Respondents. COMMISSIONER OF INTERNAL REVENUE, Petitioner, v. Abner E. KOPS, Respondent.

United States Court of Appeals Seventh Circuit.

March 14, 1961.


Attorney(s) appearing for the Case

Abbott M. Sellers, Acting Asst. Atty. Gen., Sharon L. King, Atty., Tax Division, U. S. Dept. of Justice, Washington, D. C., Charles K. Rice, Asst. Atty. Gen., Lee A. Jackson, Harry Baum, Carolyn R. Just, Attys., Dept. of Justice, Washington, D. C., for petitioner.

Richard D. Hobbet, Milwaukee, Wis., for respondents, Michael, Spohn, Best & Friedrich, Milwaukee, Wis., of counsel.

Before DUFFY, SCHNACKENBERG and KNOCH, Circuit Judges.


KNOCH, Circuit Judge.

The Commissioner of Internal Revenue has petitioned for review of the Tax Court's decisions that, contrary to the Commissioner's contention, transfer of property to the taxpayers in 1950 was not a taxable dividend distribution.

The facts are largely stipulated and uncontested. The Commissioner asks this Court to review the legal effect of the facts shown by the record and to substitute its judgment...

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