McLAUGHLIN, Circuit Judge.
Appellant was denied the right to deduct certain payments as necessary and ordinary business expenses.
Originally taxpayer, under the same name, was a partnership composed of Charles H. and Leonard J. Reade. As such in 1947 it sold two tanks of caustic soda to A. E. Staley Mfg. Co. for use in the manufacture of soy sauces. Users of that sauce became ill, and made claim against the Staley Co. by reason thereof. Staley Co. disposed...
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