Ohio Court of Appeals October 20, 1941, No. 18272 (Frankel v. Dept. of Taxation)

OPINION

By SKEEL, J.

David Fránkel and Harry Frankel, brothers, up to the time of the death of the latter were associated together in business and were for all practical purposes the sole owners of the capital stock- of Frankelite Company. Each brother owned 1867% shares of its capital stock,. there being 4000 shares outstanding.