Laird v. Commissioner

OPINION. Smith:

It is the petitioners’ contention under the mandate proceeding in this case that the value for estate tax purposes of the 1,000 common shares of Christiana Securities Co., and of the 250 shares of *938Delaware Realty & Investment Co. on November 19, 1927, the date of the death of the decedent, was $758 per share and $6,046 per share, respectively. The respondent, on the other hand, contends that the value of the Christiana Co. shares at the date of the death of the decedent was $1,760.60 per share and of the Delaware Co. shares $15,043.66 per share, or the same amounts as…