Case Name: Appeals of J. E. CHANDLER and E. B. TEAGUE
Court: United States Board of Tax Appeals
Jurisdiction: United States
Decision Date: 1925-11-24
Citations: 3 B.T.A. 146
Docket Number: Docket Nos. 4039, 4040
Parties: Appeals of J. E. CHANDLER and E. B. TEAGUE.
Judges: Before Littleton, Smith, and Thussell.
Reporter: Reports of the United States Board of Tax Appeals
Volume: 3
Pages: 146–149

Head Matter:
Appeals of J. E. CHANDLER and E. B. TEAGUE.
Docket Nos. 4039, 4040.
Submitted October 23, 1925.
Decided November 24, 1925.
George E. E. Goodner, G. P. A., for the taxpayers.
W. F. Gibbs, Esq., for the Commissioner.
Before Littleton, Smith, and Thussell.

Opinion:
DECISION.
The deficiency should be computed on the basis of the value of 197 shares of the Pioneer Lumber & Creosoting Co.'s stock of $15,047.66. The determination is otherwise approved. Appeal of John K. Greenwood, 1 B. T. A. 291. Final determination will be settled on 15 days' notice, under Rule 50.