Estate of Lester O. Stearns, Deceased, Inez Stearns, Administratrix, and Inez Stearns, Surviving Wife v. Commissioner of Internal Revenue

This cause was heard upon the transcript of record, briefs and arguments of counsel; and upon consideration thereof,

It Is Ordered and Adjudged that the decision of the Tax Court entered March 20, 1950, 14 T.C. 420, be and the same is in all things affirmed upon the grounds and for the reasons set forth in the Findings of Fact and Opinion of the Tax Court promulgated March 16, 1950.