GALT v. COMMISSIONER OF INTERNAL REVENUE. Nos. 10987, 11001.United States Court of Appeals, Seventh Circuit. June 23, 1954. Rehearing Denied October 11, 1954. Page 42 Gerhard E. Seidel, Owen Rall, Walter W. Ross, Jr., Chicago, Ill., Eckert, Peterson Lowry, Chicago, Ill., Tim G. Lowry, Elroy C. Sandquist, Jr., Chicago, Ill., of counsel, for Galt. H. […]