BOOTH, Chief Justice.
Plaintiff sues to recover a refund of income taxes paid for the calendar year 1929. The facts are stipulated.
Plaintiff was, during the period of this controversy, an employee of the Chicago Pneumatic Tool Company, a New Jersey corporation, and as such entered into a written contract with the corporation on February 23, 1924, to purchase 1,000 shares of its capital stock. This contract was obviously one granted by the corporation to employees...
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