United States Board of Tax Appeals May 6, 1929, Docket Nos. 19181, 19219. (Joseph v. Commissioner)

lead-opinion

*392OPINION.

Murdock:

Counsel for the parties, particularly counsel for the respondent, seem to attach considerable importance to the question whether the Mann Company stock was or was not an asset of the several partnerships which existed between the time that the stock was purchased and the time that it was sold.