United States Board of Tax Appeals April 13, 1932, Docket Nos. 37112, 41564. (Teuber v. Commissioner)

lead-opinion

*1133OPINION.

Love:

Petitioner’s principal contention in these proceedings is that she is entitled to a deduction for depletion of the coal mined by *1134Coxe Brothers and Company under the indenture dated June 24, 1904. She bases this contention upon the ground that she is a life beneficiary under the wills of two of the original lessors of the said indenture.