DAWSON, Judge:
Respondent determined a deficiency in income tax for the taxable year 1956 in the amount of $1,131.85.
The only issue presented in this case is whether the petitioner, Bolling Jones, Jr., realized a long-term capital gain or ordinary income upon the assignment by him to the Fulton National Bank of Atlanta of a life insurance endowment policy.
FINDINGS OF FACT.
Most of the facts have been stipulated and are so found....
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