Hope Investment Co. v. Tax Commission

The following opinion was filed March 5, 1935:

Feitz, J.

The facts involved on this appeal are the same as in the cases of Otto H. Falk and others against the Wisconsin Tax Commission, ante, p. 130, 259 N. W. 624, up to the time that Herman W. Falk, on December 28, 1922, transferred his stock in the Falk Company to the respondent herein, which he had organized as his personal holding corporation. In exchange for respondent’s stock he had transferred to it stock which he owned in Wisconsin corporations, including the Falk Company, and which was valued and assigned at a blanket valuation of…