Memorandum Findings of Fact and Opinion
MURDOCK, Judge:
The Commissioner determined a deficiency of $16,383.38 for 1955, and one of $608.52 for 1956, in the income tax of the petitioner (sometimes called herein the Bank). The only issue for decision is whether the Commissioner erred in determining that the Bank "realized a long-term capital gain of $82,516.91 in 1955 the sale of property described as bank building instead of a nondeductible loss of $17,483...
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