Peters, Gamm, West & Vincent, Inc., Richard L. West, Judith L. West, Marc A. Vincent, Deborah S. Vincent, Gary L. Gamm and Connie F. Gamm - Page 22

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          colleagues, and we conclude that the payment of the legal fees              
          cannot reasonably be construed as being personal, as opposed to             
          business, in nature.  Kornhauser v. United States, supra at 148.            
               The necessary elements having been met, we hold that Peters            
          is entitled to a deduction under section 212(1) for the                     
          previously disallowed legal fees paid on his behalf by PGWV.                
                                             Decisions will be entered                
                                        under Rule 155.                               

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