United States Board of Tax Appeals, 1928

Gray v. Commissioner

United States Board of Tax Appeals · Decided June 28, 1928 · Proceeding, Smith, Sternhagen, Morris, Consideration, Marquette, Fossan, Arundell, Milliken

12 B.T.A. 956; 1928 BTA LEXIS 3427

Opinion of the Court

*974OPINION.

Van Fossan:

The issues and, in large part, the facts are the same in this case as in James Couzens, 11 B. T. A. 1040. Our decision in that case is controlling here.

The fair market value on March 1, 1913, of the stock in the Ford Motor Co. owned by petitioner was $5,250,000, or at the rate of $10,000 per share.

Reviewed by the Board.

Judgment will be entered under Rule 50.

Smith, Morris, Arundell, and Milliken did not participate in the consideration or decision of this proceeding.

Case-law data current through December 31, 2025. Source: CourtListener bulk data.