MOORE INVESTMENT COMPANY v. COMMISSIONER

Docket No. 75840.

20 T.C.M. 1364 (1961)

T.C. Memo. 1961-261

Moore Investment Company, Transferee v. Commissioner.

United States Tax Court.

Filed September 18, 1961.


Attorney(s) appearing for the Case

Robert F. Ritchie, Esq., Republic Bank Bldg., Dallas, Tex., for the petitioner. David E. Mills, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

WITHEY, Judge:

The respondent has determined a deficiency of $30,274.17 in the income tax of Moore Grocery Company for the taxable year January 1 through March 31, 1953, and further has determined that the petitioner is liable as transferee of assets of that company for the deficiency.

All of the issues presented by the pleadings have been disposed of by stipulation...

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