Opinion
No. 75.
November 5, 1934.
On Petition for Review of Decision of the United States Board of Tax Appeals.
Edmund S. Kochersperger, of Washington, D.C. (Herman A. Brand, of New York City, of counsel), for petitioner.
Frank J. Wideman, Asst. Atty. Gen., and Sewall Key and John MacC. Hudson, Sp. Assts. to the Atty. Gen., for respondent.
Before L. HAND, SWAN, and AUGUSTUS N. HAND, Circuit Judges.
Decision reversed on the authority of Bonwit Teller Co. v. Commissioner (C.C.A.) 53 F.2d 381, 82 A.L.R. 325.