REES BLOW PIPE MANUFACTURING COMPANY v. COMMISSIONER OF INTERNAL REVENUE

No. 19333.

342 F.2d 990 (1965)

REES BLOW PIPE MANUFACTURING COMPANY, Petitioner, v. COMMISSIONER OF INTERNAL REVENUE, Respondent. COMMISSIONER OF INTERNAL REVENUE, Petitioner, v. REES BLOW PIPE MANUFACTURING COMPANY, Respondent.

United States Court of Appeals Ninth Circuit.

March 8, 1965.


Attorney(s) appearing for the Case

Stephen H. Kaufmann, San Rafael, Cal., for petitioner and cross-respondent.

John B. Jones, Jr., Acting Asst. Atty. Gen., Lee A. Jackson David O. Walter, Jonathan S. Cohen, attys., Dept. of Justice, Washington, D. C., for respondent and cross-petitioner.

Before ORR, HAMLEY and JERTBERG, Circuit Judges.


PER CURIAM:

Rees Blow Pipe Manufacturing Company and the Commissioner of Internal Revenue both petition for review of a decision of the Tax Court of the United States, reported at 41 T.C. 598.

Rees Blow is in the business of manufacturing heating and air-conditioning equipment and incinerators and, insofar as the record indicates, is not in the business of buying, selling or exchanging real property.

In 1954 the company...

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