WATERMAN’S ESTATE v. COMMISSIONER OF INTERNAL REVENUE. No. 95, Docket 22101.United States Court of Appeals, Second Circuit.Argued January 8, 1952. Decided March 5, 1952. Hughes, Hubbard Reed, New York City, John M. Veague, Jr., John Westbrook Fager and Donald M. Harris, all of New York City, of counsel for petitioner. Ellis N. Slack, Melva M. […]