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JACK M. BASS & COMPANY v. COMMISSIONER

Docket Nos. 54648-54651.

16 T.C.M. 941 (1957)

T.C. Memo. 1957-208

Jack M. Bass & Company et al. v. Commissioner.

United States Tax Court.

Filed October 31, 1957.

Attorney(s) appearing for the Case

William Waller, Esq., American Trust Building, Nashville, Tenn., for the petitioners. Homer F. Benson, Esq., for the respondent.

Memorandum Findings of Fact and Opinion

OPPER, Judge:

In these consolidated proceedings respondent determined the following income tax deficiencies:

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              Petitioner                        1944          1945          1946         1947         1948
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