MEMORANDUM OPINION
PORTER, District Judge.
This case comes before this Court on cross-motions for summary judgment. The pleadings and affidavits show, and the parties have stipulated, that there is no genuine issue as to any material fact; thus the case is submitted on its merits for a decision on the sole issue, which is one of law. Rule 56, Fed.R.Civ.Proc.
That issue, simply stated, is whether a small corporation, which has elected to be treated...
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