SWAN, Circuit Judge.
In 1924 the taxpayer sold stock of Shawmut Manufacturing Company, 1,900 shares of which were acquired prior to March 1, 1913. The Board found the value of these shares on that date to have been $256,309. This was very much less than the value asserted by the taxpayer, and resulted in a largely increased profit and a tax deficiency of $65,903.12. Upon this appeal the only question is whether there is substantial evidence to support the Board's...
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