United States Board of Tax Appeals February 4, 1927, Docket Nos. 6145, 18432 (Templeton, Kenly & Co. v. Commissioner)

*66OPINION.

Littleton:

Little need be said in discussing the matter of compensation paid by petitioner to its president for 1918 and 1919. Templeton testified in detail concerning the business of the corporation and the duties performed by him during the taxable years. As was said by the Board in the Appeal of Woodcliff Silk Mills, 1 B. T. A.