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LUFKIN FOUNDRY AND MACHINE COMPANY v. COMMISSIONER

Docket No. 1333-68, 1334-68.

30 T.C.M. 400 (1971)

T.C. Memo. 1971-101

Lufkin Foundry and Machine Company v. Commissioner. Lufkin Foundry and Machine Company International v. Commissioner.

United States Tax Court.

Filed May 12, 1971.

Attorney(s) appearing for the Case

Thomas M. Haderlein, John C. Klotsche and Marcellus R. Meek, Suite 700, Prudential Plaza, Chicago, Ill., for the petitioners. Harold Friedman, for the respondent.

Memorandum Findings of Fact and Opinion

DAWSON, Judge:

Respondent determined the following Federal income tax deficiencies against the petitioners in these consolidated cases:

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                   Petitioner                        Docket No.  Year       Amount
--------------------------------------------------------------------------------------
  Lufkin Foundry...

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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