Certiorari Denied March 23, 1959. See 79 S.Ct. 725.
JAMES ALGER FEE, Circuit Judge.
This action for review of the determination of tax deficiencies involves several problems:
1. Did the distribution of earnings by a corporation in payment of a note and the simultaneous redemption of 350 shares of stock purchased with the proceeds of the note constitute a distribution equivalent to dividends?
2. Did the payment or disbursement of incidental...
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