Schuhmacher v. Commissioner

OPINION.

Turner, Jvdge:

The shares of common stock in the Schuhmacher Co. included in the gross estates of Henry C. Schuhmacher and Julia Agnes Robson, respectively, as well as the shares that were the subject of gifts by Mrs. Schuhmacher, were reported as having a value of $22 a share on the respective critical dates. By amended petitions and on brief, the petitioners respectively allege that the value of the respective blocks of the stock on the critical dates was not in excess of $18 per share. The respondent contends that the value of the stock included in the estate of Henry C. Schuhmacher…