¶1Breed, Abbott & Morgan, of New York City (John. B. Nash and Paul L. Peyton, both of New York City, of counsel), for petitioners.
¶2Frank J. Wideman, Asst. Atty. Gen., and Sewall Key, and John MacC. Hudson, Sp. Assts. to Atty. Gen., for respondent.
¶3Before MANTON, L. HAND, and AUGUSTUS N. HAND, Circuit Judges.
¶5Affirmed on the authority of Bonwit, Teller & Co. v. Commissioner (C. C. A.) 53 F.(2d) 381, 82 A. L. B. 325, Bedell v. Commissioner (C. C. A.) 30 F.(2d) 622, and Central Bank Block Ass’n v. Commissioner, 57 F.(2d) 5 (C. C. A. 5).