DS, twelve pages, 8.5 x 11, June 10, 1963. Minutes of Special Meeting of The Board of Directors of Desilu Productions, Inc. Beginning of the minutes deals with stock and shareholder arrangements. Further in, the minutes state, “The Internal Revenue Service has contested the position of this corporation in treating, as capital gain income, the sale of the Lucy/Desi Hour Shows to CBS Television Network. It is the position of the IRS that this sale resulted in ordinary income rather than capital gain income. Accordingly, the IRS has assessed this corporation with a delinquincy of…$122,630.31. The management of this corporation has decided to resist the IRS contention.” Neatly signed on the final page in blue ink by Ball. In fine condition, with staple and punch holes to top edges. R&R COA.
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