v2394-5

No. 9413

mnittt States;

Circuit Court of appeals?

Jfor tde i^intf) Circuit.

COMMISSIONER OF INTERNAL REVENUE,

Petitioner,

vs.

CHARLES LAUGHTON,

Respondent.

Kxm^tvipt of tfje Eecnrb

In Two Volumes

VOLUME I

Pages 1 to 237

Upon Petition to Review a Decision of the United States

Board of Tax Appeals.

.

PAUL P. O'BRieiM,

PARKER PRINTING COMPANY. B48 SANSOMK STREET. SAN FRANCISCO eo o 40

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