LUKE v. C. I. R.

Nos. 14888-14891.

351 F.2d 568 (1965)

Herbert LUKE and Cecille Luke, Petitioners, v. COMMISSIONER OF INTERNAL REVENUE, Respondent. Howard R. CONANT and Doris Conant, Petitioners, v. COMMISSIONER OF INTERNAL REVENUE, Respondent. ESTATE of Lawrence FARKAS, Deceased, et al., Petitioners, v. COMMISSIONER OF INTERNAL REVENUE, Respondent. INTERSTATE STEEL CO., Petitioner, v. COMMISSIONER OF INTERNAL REVENUE, Respondent.

United States Court of Appeals Seventh Circuit.

October 12, 1965.


Attorney(s) appearing for the Case

Harold R. Burnstein, John W. Hughes, Chicago, Ill., for petitioners.

Louis F. Oberdorfer, Asst. Atty. Gen., Tax Div., Gilbert E. Andrews, Atty., Dept. of Justice, Washington, D. C., John B. Jones, Jr., Acting Asst. Atty. Gen., Lee A. Jackson, Atty., Dept. of Justice, Washington, D. C., for respondent.

Before SCHNACKENBERG, CASTLE and SWYGERT, Circuit Judges.


CASTLE, Circuit Judge.

These petitions for review of Tax Court decisions are brought by Interstate Steel Company (formerly known as Arlington Corporation) and its individual stockholders-taxpayers Herbert Luke, Howard R. and Doris Conant, and the Estate of Lawrence Farkas, deceased, and involve income tax deficiencies determined against the corporation and the individual taxpayers for the year 1958. As to Interstate, the...

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