SCHOONMAKER, District Judge.
This is a suit to recover $5,025.14 additional income taxes assessed against plaintiffs for the year 1929, and paid by them February 23, 1932.
The legal question at issue is whether or not a distribution of 429.4 shares of common stock of the General American Tank Car Corporation of New York to the plaintiffs by Federal Tank Line, a Pennsylvania corporation, was a taxable distribution of stock pursuant to a plan of corporate reorganization...
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