United States Board of Tax Appeals March 25, 1936, Docket No. 68317. (Central & Pacific Improv. Corp. v. Commissioner)

lead-opinion

OPINION.

Seawell:

The decision entered herein was vacated after a review by the Board of the division report promulgated October 29, 1985, 33 B. T. A. 300. The facts are as follows:

The petitioner is a corporation organized under the laws of the State of California and has its principal place of business at 123 West Washington Boulevard, Los Angeles, California.