MID-SOUTHERN FOUNDATION v. COMMISSIONER

Docket No. 57866.

28 T.C. 918 (1957)

MID-SOUTHERN FOUNDATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed July 29, 1957.


Attorney(s) appearing for the Case

John R. Stivers, Esq., for the petitioner.

Herman Wolff, Jr., Esq., for the respondent.


BRUCE, Judge:

Respondent determined the liability of petitioner as transferee for the deficiencies in the income tax of Madison Avenue Corporation, transferor, in the following amounts:

                                                 Deficiency in
Year                                              income tax

1950 -----------------------------------------       $8,176.74
1951 -----------------------------------------   ...

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