OLSON v. COMMISSIONER

Docket Nos. 1713-65-1716-65, 3328-65.

49 T.C. 84 (1967)

SIDNEY L. OLSON AND MIRIAM K. OLSON, ET AL., PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed November 6, 1967.


Attorney(s) appearing for the Case

James C. Herndon and Sam D. Bartlo, for the petitioners.

Buckley D. Sowards, for the respondent.


SUPPLEMENTAL OPINION

WITHEY, Judge:

The petitioners on October 17, 1967, filed a motion, which respondent has approved, to revise the opinion (48 T.C. 855) filed herein on September 21, 1967.

As we understand the motion, the parties are now in agreement that the distribution by Cleveland of the 12 shares of Buffalo stock of which Sidal became the equitable owner but for which stock certificates were issued directly...

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