United States Board of Tax Appeals June 10, 1925, Docket No. 1900. (Winsor & Jerauld Mfg. Co. v. Commissioner)

lead-opinion

This is an appeal from a determination of a deficiency in income tax for the year 1919, amounting to $786.11.

FINDINGS OF FACT.

The taxpayer is a Maine corporation, with its principal office in Providence, R. I. It was organized in the year 1900 with a capital stock of $50,000.