Court of Appeals for the Fifth Circuit June 18, 1980, 78-2221 (The Estate of Mary Frances Smith Bright, Deceased, by H. R. Bright, Independent v. United States)

SAM D. JOHNSON, Circuit Judge:

This is an appeal by the Government from a successful suit in the district court for a refund of over $3 million in federal

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estate taxes and assessed interest. The only issue before the district court was the fair market value of the interest of the decedent, Mary Frances Smith Bright, in a series of closely held companies.