Philadelphia Steel and Iron Corporation, Petitioner, v. Commissioner of Internal Revenue, Respondent, 344 F.2d 964 (3d Cir. 1965)

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U.S. Court of Appeals for the Third Circuit - 344 F.2d 964 (3d Cir. 1965) Argued March 15, 1965
Decided March 25, 1965

Petition from Petition for Review of the Tax Court of the United States.

Charles S. Jacobs, Ballard, Spahr, Andrews & Ingersoll, Philadelphia, Pa. (William R. Spofford, Sherwin T. McDowell, Philadelphia, Pa., on the brief), for petitioner.

Mark S. Rothman, Dept. of Justice, Tax Division, Washington, D. C. (Louis F. Oberdorfer, Asst. Atty. Gen., Lee A. Jackson, Harry Baum, Attorneys, Department of Justice, Washington, D. C., on the brief), for respondent.

Before McLAUGHLIN, HASTIE and SMITH, Circuit Judges.

PER CURIAM.


We agree with the thorough, basically factual opinion of Judge Fisher in the Tax Court in this case. The decision of that court will be affirmed.

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