FIRST SECURITY BANK OF UTAH v. COMMISSIONER

Docket Nos. 1190-63, 1191-63, 1216-63.

26 T.C.M. 1320 (1967)

T.C. Memo. 1967-256

First Security Bank of Utah, N. A., et al., v. Commissioner.

United States Tax Court.

Filed December 27, 1967.


Attorney(s) appearing for the Case

Alonzo W. Watson, Jr., C. Preston Allen, Stephen H. Anderson, Suite 400, Deseret Bldg., 79 S. Main St., Salt Lake City, Utah, for the petitioners. James Booher, for the respondent.


Memorandum Findings of Fact and Opinion

FAY, Judge:

Respondent determined deficiencies in the petitioners' income taxes as follows:

    Docket                           Taxable
     No.           Petitioner         Year    Deficiency

  1190-63    First Security Bank      1954    $ 68,250.00
               of Utah, N. A.         1955      28,775.81
                                      1956      54,526.56
                              ...

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