Rehearing and Rehearing En Banc Denied October 9, 1974.
GOLDBERG, Circuit Judge:
The Commissioner and the taxpayers come to this Court embroiled in a controversy over the interpretation and application of a concept in securities valuation commonly known as "blockage." When any property is assessed for the purpose of imposing a federal tax— whether income, gift, or estate—the dollar amount assigned to it rests, at least theoretically, on the notion...
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