MATHEWS, Circuit Judge.
Petitioner, Von's Investment Company, Limited, a California corporation, seeks reversal of a decision of the Board of Tax Appeals which determined that there was a deficiency of $49,711.35 in respect of petitioner's income tax for the fiscal year ended April 30, 1930.
The sole question is: What was the proper cost basis for determining petitioner's gain or loss from the disposition of 23,015 shares of stock of Von's, Incorporated, a...
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