United States Board of Tax Appeals October 9, 1928, Docket No. 12436 (W. H. Reisner Manufacturing Co. v. Commissioner)

*844OPINION.

Sieficin:

The question to be decided is whether the transactions between the petitioner or its stockholders and the L. S. Starrett Co. resulted in a sale by the petitioner of its assets pertaining to the indicator business as contended by the respondent, or the sale of stock by the stockholders as contended by the petitioner.

The L. S. Starrett Co.