Commissioner of Internal Revenue v. Wilshire Holding Corporation

A motion has been filed by the Commissioner of Internal Revenue in the above entitled cause, that the decision of the Tax Court therein be summarily reversed.

The above entitled case was consolidated in the Tax Court with the case of Oesterreich v. Commissioner of Internal Revenue No. 13,924, 9 Cir., 226 F.2d 798. Pursuant to a stipulation of the parties proceedings on appeal in the above entitled case No. 14,100 have been held in abeyance pending the decision of the court in the Oesterreich case No.13,924. The Wilshire Holding Company had its day in court since it was permitted to file a…