Commissioner v. Hulburd

EVANS, Circuit Judge.

Charles H. Hulburd died January 14, 1924. DeForest, his son, and one Johnston, his son-in-law, since deceased, were executors of his will, to whom letters testamentary were issued by the Probate Court of Cook County on February 20, 1924.

*737The decedent was a stockholder in the Van Sicklen Company. This company was dissolved in September, 1919, and most of its assets were transferred to the Van Sick-len Speedometer Company. The transfer was made without the Van Sicklen Company’s paying all the income tax due the Government. On November 17, 1924, the Commissioner assessed…