Case Name: Gordon B. and Elizabeth H. TODD, Appellants, v. COMMISSIONER OF INTERNAL REVENUE, Appellee
Court: United States Court of Appeals for the Second Circuit
Jurisdiction: United States
Decision Date: 1970-04-02
Citations: 422 F.2d 1332
Docket Number: No. 624, Docket 34158
Parties: Gordon B. and Elizabeth H. TODD, Appellants, v. COMMISSIONER OF INTERNAL REVENUE, Appellee.
Judges: Before MOORE and FEINBERG, Circuit Judges and BONSAL, District Judge.
Reporter: Federal Reporter 2d Series
Volume: 422
Pages: 1332–1332

Head Matter:
Gordon B. and Elizabeth H. TODD, Appellants, v. COMMISSIONER OF INTERNAL REVENUE, Appellee.
No. 624, Docket 34158.
United States Court of Appeals, Second Circuit.
Argued March 17, 1970.
Decided April 2, 1970.
Allen H. Gardner, Washington, D. C. (Morris, Pearce, Gardner & Beitel, Washington, D. C., of counsel), for appellants.
Stephen Schwarz, Attorney, Dept, of Justice, Washington, D. C., (Johnnie M. -Walters, Asst. Atty. Gen., Lee A. Jackson and Elmer J. Kelsey, Attys. Dept, of Justice, Washington, D. C., of counsel), for appellee.
Before MOORE and FEINBERG, Circuit Judges and BONSAL, District Judge.
Of the Southern District of New York, sitting by designation.

Opinion:
PER CURIAM:
The decisions of the Tax Court denying petitions for redeterminations of deficiencies based on the disallowance of deductions claimed for interest payments to alleged loan accounts established by gifts to members of the taxpayers' family are affirmed on the opinion of Judge Mulroney, reported at 51 T.C. 987 (1969).