Gwinn v. Commissioner of Internal Revenue

Messrs. Thomas A. Thacher, of San Francisco, Cal., Llewellyn A. Luce, of Washington, D.C., Ralph W. Smith, of Los Angeles, Cal., and R. W. Davis, for petitioner.

Mr. G. A.Youngquist, Asst. Atty. Gen., for respondent.

Mr. Justice McREYNOLDS delivered the opinion of the Court.