ALBERS v. COMMISSIONER OF INTERNAL REVENUE

No. 73-26.

414 U.S. 982 (1973)

ALBERS, EXECUTOR, ET AL. v. COMMISSIONER OF INTERNAL REVENUE.

Supreme Court of United States.

October 23, 1973.


Certiorari Denied.

MR. JUSTICE POWELL, with whom MR. JUSTICE DOUGLAS and MR. JUSTICE BLACKMUN join, dissenting.

The five petitioners in this case own virtually all the outstanding stock of a small corporation, A & S Transportation Co. (A & S). The company operates a barge. The barge fell into such disrepair as to require replacement, but A & S lacked the necessary resources and credit. A & S requested the Federal Maritime Commission to guarantee...

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