Leroy Frantz, Jr. And Sheila Frantz v. Commissioner of Internal Revenue

784 F.2d 119

57 A.F.T.R.2d 86-874, 54 USLW 2476, 86-1

USTC P 9249

Leroy FRANTZ, Jr. and Sheila Frantz, Petitioners,

v.

COMMISSIONER OF INTERNAL REVENUE, Respondent.

No. 154, Docket 85-4062.

United States Court of Appeals,

Second Circuit.

Argued Oct. 1, 1985.

Decided Feb. 19, 1986.

Patrick J. Carr, New York City (Eagle & Fein, P.C., New York City of counsel), for petitioners.

David Pincus, Appellate Section, Tax Div., Dept. of Justice, Washington, D.C. (Glenn Archer, Jr., Asst. Atty. Gen., Washington, D.C., Fred T. Goldberg, Jr., Chief Counsel, Washington, D.C., of counsel, for respondent.

Before LUMBARD,…