SHATTUCK v. COMMISSIONER OF INTERNAL REVENUE, 25 T.C. 416 (1955) WARNER A. SHATTUCK, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE,RESPONDENT. Docket No. 51263.United States Tax Court. Filed December 9, 1955. Petitioner, in 1950, sold to the issuing corporation 364 five per cent interest bonds having a face value of $100 each for $150 flat per bond. […]
