United States Tax Court May 23, 1955, Docket No. 50757. (Terminal Equipment Corp. v. Commissioner)

Terminal Equipment Corporation v. Commissioner. Terminal Equipment Corp. v. Commissioner Docket No. 50757. United States Tax Court T.C. Memo 1955-132; 1955 Tax Ct. Memo LEXIS 209; 14 T.C.M. (CCH) 493; T.C.M. (RIA) 55132; May 23, 1955 *209 Petitioner was engaged in the business of unloading ships at docks of the City of New York.