INGRAHAM, District Judge.
Action for refund of taxes. The case concerns whether or not plaintiffs are entitled to the 27½% depletion allowance provided by Title 26 U.S.C. §§ 611 and 613, with respect to payments received by them under an oil and gas lease. The question is submitted for judgment upon stipulated facts and upon the briefs of the parties, following oral argument.
The controlling facts, as stipulated and shown by the lease in question...
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