Estate of Leon N. F. Blanchard, Deceased, Wallace H. Blanchard and Annie B. Blanchard, Executors v. Commissioner of Internal Revenue
U.S. Court of Appeals for the Third Circuit
Estate of Leon N. F. Blanchard, Deceased, Wallace H. Blanchard and Annie B. Blanchard, Executors v. Commissioner of Internal Revenue, 184 F.2d 438 (3d Cir. 1950)
39 A.F.T.R. (P-H) 1076; 1950 U.S. App. LEXIS 4127
Estate of Leon N. F. Blanchard, Deceased, Wallace H. Blanchard and Annie B. Blanchard, Executors v. Commissioner of Internal Revenue
Opinion
The question presented 'by this petition for review is purely one of fact, namely, the fair market value of the stock of Prudential Insurance Company on the date of decedent’s death in 1926. The Tax Court found the value of the stock to be $455.00 per share on the significant date. Our examination of the record satisfies us that this finding is supported by substantial evidence. We, therefore, cannot hold it to be erroneous.
The decision of the Tax Court will be affirmed.
Reference
- Full Case Name
- Estate of Leon N. F. BLANCHARD, Deceased, Wallace H. Blanchard and Annie B. Blanchard, Executors, Petitioners, v. COMMISSIONER OF INTERNAL REVENUE, Respondent
- Status
- Published