Putoma Corp., Successor by Merger of Pro-Mac Company, Petitioners- Cross-Appellants v. Commissioner of Internal Revenue, Cross-Appellee

601 F.2d 734

79-2 USTC P 9557

PUTOMA CORP., Successor by Merger of Pro-Mac Company, et

al., Petitioners- Appellees Cross-Appellants,

v.

COMMISSIONER OF INTERNAL REVENUE, Respondent-Appellant Cross-Appellee.

No. 77-1591.

United States Court of Appeals,

Fifth Circuit.

Aug. 27, 1979.

M. Carr Ferguson, Asst. Atty. Gen., Gilbert E. Andrews, Act. Chief, Dept. of Justice, Tax. Div., Washington, D. C., Michael L. Paup, Richard Farber, Attys., Tax Div., Dept. of Justice, Washington, D. C., for respondent-appellant cross-appellee.

Richard Lee Brown, Fort Worth, Tex., for petitioners-appellees cross-appellants.

Appe…