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that we determine be one as to which there is specific testimony,
provided that it is within the range of figures that properly may
be deduced from the evidence. See Anderson v. Commissioner, 250
F.2d 242, 249 (5th Cir. 1957), affg. in part and remanding in
part T.C. Memo. 1956-178; Estate of Davis v. Commissioner, supra.
We turn first to the parties' dispute over the fair market
value of decedent's interest in Marrero Land on the valuation
date without regard to the estate's alternative position re-
garding amended article VI. As is customary in valuation cases,
the parties rely extensively on the opinions of their respective
experts to support their differing views about the fair market
value on the valuation date of decedent's interest in Marrero
Land. The estate relies on (1) Patrick J. Egan (Mr. Egan), a
general real estate appraiser certified by the State of Lou-
isiana, who is executive vice president and a partner of Latter &
Blum, Inc./Realtors (Latter & Blum), located in New Orleans,
Louisiana, and director of the Robert W. Merrick appraisal
division of Latter & Blum, and whom the Court qualified as a real
estate valuation expert; (2) Charles H. Stryker (Mr. Stryker),
who is the managing director of the valuation advisory services
of the metropolitan New York office of KPMG Peat Marwick, and
whom the Court qualified as a stock valuation expert; and
(3) David Chaffe III (Mr. Chaffe), who is the founder and the
president of the investment banking firm of Chaffe & Associates,
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