NORDBYE, District Judge.
This matter was submitted on a stipulation of facts. There is but one issue to be determined; namely, the right of the defendant to tax a transaction which it contends was a "transfer of a right to receive shares or certificates of stock as provided for in section 800 of the Revenue Act of 1926, 26 USCA § 901, Schedule A-3." Briefly, the facts as disclosed by the stipulation may be stated as follows:
George A. Hormel & Co...
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