United States Board of Tax Appeals March 31, 1931, Docket No. 26636 (Braunwartii v. Commissioner)

*1020OPINION.

McMahon :

The petitioner alleged in his petition that the Commissioner erred in including in gross income for the year 1924 any part of the Liberty bonds and accumulated interest amounting to $88,218.25 received by the petitioner during that taxable year in trust for Hooven Realties, Inc.