Gordon v. United States

This case is before us on the report of Mastín G. White, a trial commissioner of our court, on exceptions to his report, and to his recommendation for the conclusion of law to be entered. The commissioner wrote an opinion expressing the opinion that neither Mrs. Alexander Gordon nor the trust was engaged in the real estate business in 1950 and 1951. He was of the opinion that the lots sold in those years did not constitute “property held by * * * [plaintiffs] primarily for sale to customers in the ordinary course of * * * [their] trade or business.” They were sales made by plaintiffs in the…