Opinion
No. 8951.
Argued June 13, 1963.
Decided June 20, 1963.
On petition to review the decision of the Tax Court of the United States.
Robert Ash, Washington, D.C. (Carl F. Bauersfeld, and Ash, Bauersfeld Burton, Washington, D.C., on brief), for petitioner.
Philip B. Heymann, Atty., Dept. of Justice (Louis F. Oberdorfer, Asst. Atty. Gen., Lee A. Jackson, Harry Baum and Gilbert E. Andrews, Attys., Dept. of Justice, on brief), for respondent.
Before SOBELOFF, Chief Judge, and BRYAN and J. SPENCER BELL, Circuit Judges.
We affirm for the reasons stated by the Tax Court in the opinion of Judge Raum, 39 T.C. ___.
Affirmed.