Commissioner of Internal Revenue v. Henry A. Kuckenberg, Transferee, Harriet Kuckenberg, Transferee, Lawrence W. Kuckenberg, Transferee, Henry A. Kuckenberg, Transferee, Harriet Kuckenberg, Transferee, Lawrence W. Kuckenberg, Transferee v. Commissioner of Internal Revenue

309 F.2d 202 COMMISSIONER OF INTERNAL REVENUE, Petitioner, v. Henry A. KUCKENBERG, Transferee, Harriet Kuckenberg, Transferee, Lawrence W. Kuckenberg, Transferee, Respondents. Henry A. KUCKENBERG, Transferee, Harriet Kuckenberg, Transferee, Lawrence W. Kuckenberg, Transferee, Petitioners, v. COMMISSIONER OF INTERNAL REVENUE, Respondent. No. 17538. United States Court of Appeals Ninth Circuit. October 11, 1962. Rehearing Denied November 16, 1962. Louis F. Oberdorfer, Asst. Atty. Gen., Lee A. Jackson, David O. Walter, Norman H. Wolfe, Attys., Dept. of Justice, Tax Div., Washington, D. C., Crane C. Hauser, Chief Counsel, Internal Revenue Service, Washington, D. C., for petitioner Commissioner of Internal Revenue. Mautz, Souther, Spaulding, Kinsey & Williamson, William H. Kinsey, James A. Larpenteur, Jr., and James R. Moore, Portland, Or., for respondents Kuckenberg et al. Before HAMLEY, MERRILL and DUNIWAY, Circuit Judges. MERRILL, Circuit Judge. 1 Kuckenberg Construction Company, an Oregon corporation, pursuant to a plan of complete liquidation sold and assigned three construction contracts, the income from which had been fully earned, to an independent purchaser for…