Court of Appeals for the Eighth Circuit November 30, 1961, 16748_1 (G. W. Van Keppel Company v. Commissioner of Internal Revenue)

VAN OOSTERHOUT, Circuit Judge.

This proceeding comes before this court upon a timely petition by taxpayer, The G. W. Van Keppel Company, for review of the decision of the Tax Court entered October 24, 1960 (T. C. Memo 1960-224 not officially reported) determining deficiencies in income tax for the fiscal years ending November 30, 1955, and November 30, 1956. Jurisdiction is established.