- 3 -
3/31/87 Voting common 131.76 294 185.58
Nonvoting 114.19 282 175.69
common
Section references are to the Internal Revenue Code in
effect for the years in issue. Rule references are to the Tax
Court Rules of Practice and Procedure.
FINDINGS OF FACT
Some of the facts have been stipulated and are so found.
1. Petitioner
Petitioner lived in Scottsbluff, Nebraska, when she filed
the petition in this case.
In 1986 and 1987, the stock of Scottsbluff National Corp.
was held by members of the Kosman, Lindig, and Ostenberg-
Fleisbach families, and by current and former employees and
directors of Scottsbluff National Bank. Harve Ostenberg formerly
was the majority shareholder and president of Scottsbluff
National Bank. Harve Ostenberg and his first wife are
petitioner’s parents. The Lindig family members inherited their
stock in Scottsbluff National Corp. from William Ostenberg.
William Ostenberg was Harve Ostenberg's brother and a shareholder
of Scottsbluff National Bank. The members of the Ostenberg-
Fleisbach family derived their stock in Scottsbluff National Bank
from C.S. Ostenberg and C.H. Fleisbach. C.S. Ostenberg and C.H.
Fleisbach were sons of Harve Ostenberg's second wife and her
first husband.
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011