Commissioner of Internal Revenue v. Bensel

BUFFINGTON, Circuit Judge.

This is a tax case1 which depends on its own particular decisive facts. By reference to the opinion r ” ’he Tax Board, in which the proofs are A'ti't.’d at length, we avoid needless repetition, ' ■ A.s no precedents t,r principles are iiivcjived, and as we find ourselves in acco -tl 'with its decision, we might well limit untrsuives to its opinion. In view of this, w J confine our opinion to a few brief staion ;nts.

The casé concerns the taxable value of stock in the Driver-Harris Company and the question involved is whether the full value of the stock should be…