Edward Pool v. Commissioner Of Internal Revenue

251 F.2d 233 58-1 USTC P 9154 Edward POOL and Lottie Pool, Edward Pool, Lottie Pool, William K. Murphy, Edna Murphy, William K. Murphy and Edna Murphy, Petitioners, v. COMMISSIONER OF INTERNAL REVENUE, Respondent. No. 15399. United States Court of Appeals Ninth Circuit. Dec. 18, 1957. Irving I. Axelrod, Mitchell, Silberberg & Knupp, Los Angeles, Cal., for petitioners. Charles K. Rice, Asst. Atty. Gen., S. Dee Hanson, Ellis N. Slack, A. F. Prescott, Melva M. Graney, Attys., Dept. of Justice, Washington, D.C., for respondent. 1 Before LEMMON and BARNES, Circuit Judges, and YANKWICH, District judge. 2 YANKWICH, District Judge. 3 In this review of the determination of income tax deficiencies against the taxpayers for the calendar years 1946, 1947 and 1948, six consolidated cases are involved. The decisions of the Tax Court were entered on August 20, 1956. The deficiencies were as follows: 4 For the years 1946-1947 Edward Pool 5,697.02 86,828.50 For the years 1946-1947 Lottie Pool 5,697.02 86,828.50 For the year 1948 Edward and Lottie Pool 18,651.22 For the years 1946-1947 William K. Murphy 3,410.79 98,401.48 For the Years 1946-1947 Edna Murphy 3,410.79 98,401.48 For the year 1948…