GREEN, Judge.
This is an action to recover upon a claim for refund duly filed a tax of $2,470.57 paid on dividends.
On January 16, 1933, the plaintiff's board of directors voted "to declare a dividend of 80% payable soon as convenient." In order to obtain the cash to pay this dividend it was necessary for the plaintiff to withdraw a considerable amount of the money which it had on deposit in a savings bank and to sell some bonds. The payment of the dividend...
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