Opinion
No. 7071.
November 21, 1939. Rehearing Denied January 16, 1940.
On Petition for Review from the United States Board of Tax Appeals.
Edwin Hall, 2nd, Harry J. Alker, Jr., and Isadore Stern, all of Philadelphia, Pa., for appellant.
Samuel O. Clark, Jr., Asst. Atty. Gen., and Sewall Key, Helen R. Carloss, and S. Dee Hanson, Sp. Assts. to Atty. Gen., for respondent.
Before MARIS, CLARK, and JONES, Circuit Judges.
The decision of the Board of Tax Appeals, 38 B.T.A. 345, is affirmed for the reasons satisfactorily set forth in its memorandum opinion.