HUXMAN, Circuit Judge.
The question presented by this appeal is the treatment to be accorded to a bad debt loss admittedly sustained by the appellant taxpayer in the year 1946 for income tax purposes. The loss sustained by the taxpayer resulted from an advance of $6,891.61 to the Chaffee County Fluorspar Corporation, herein called Fluorspar, and from the endorsement of the Corporation's note in the sum of $4,500. It was stipulated before the Tax Court that the question...
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