United States Board of Tax Appeals September 30, 1926, Docket No. 6023 (Appeal of Ohio Grease Co.)

*1209OPINION.

Littleton:

The deficiencies for the fiscal years ending February 28, 1919 and 1920, should be redetermined by computing exhaustion, wear and tear of lubricators upon the basis of the March 1, 1913, value thereof, amounting to $107,000, and upon the cost of subsequent additions as set forth in the findings of fact, at 15 per cent per annum upon a straight-line basis.