MILBANK v. COMMISSIONER OF INTERNAL REVENUE, 51 T.C. 805 (1969) SAMUEL R. MILBANK AND MOLLY W. MILBANK, PETITIONERS v. COMMISSIONER OFINTERNAL REVENUE, RESPONDENT Docket Nos. 4207-66, 4808-66, 5666-66, 5132-67.United States Tax Court. Filed February 20, 1969. T, an investment banker, was the prime mover in the promotion of a wallboard manufacturing plant which was to […]
