BLACKARD v. JONES

Civil Action No. 1219.

62 F.Supp. 234 (1944)

BLACKARD et al. v. JONES, Collector of Internal Revenue.

District Court, W. D. Oklahoma.

June 28, 1944.


Attorney(s) appearing for the Case

Ira J. Underwood, of Tulsa, Okl., for plaintiff.

Charles E. Dierker, U. S. Atty., of Oklahoma City, Okl., for defendant.


BROADDUS, District Judge.

The court finds:

1. The facts stipulated by the parties.

2. The estate tax upon the shares of stock held by Kate Chestnut on the day of her death, August 9, 1938, was fixed by the taxing authorities by dividing the gross assets of the Securities Company by the issued shares and multiplying the result by the number of shares of which Kate Chestnut died seized.1

3. The value of one share...

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