DENMAN, Circuit Judge.
The petitioning taxpayer seeks review of a decision of the United States Board of Tax Appeals that interest paid her during the year 1935 on street improvement bonds issued to obtain street improvements in the city of Los Angeles and in the county of Los Angeles was not "Tax-Free * * * Interest upon (A) the obligations of a State, * * *, or any political subdivision thereof, * * *" made exempt from the federal income tax by Section 22(b) (4...
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