The Commissioner determined deficiencies in income tax for the taxable years 1951 and 1952 in the amounts of $41,041.72 and $13,930.69, respectively. The question is whether payments received in the taxable years from petitioner's assignees of contract rights to purchase newsprint paper from a paper mill constitute ordinary income or capital gain.
FINDINGS OF FACT.
The petitioner is an Ohio corporation having its principal place of business in Mansfield...
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