MULRONEY, Judge:
Respondent determined a deficiency in petitioners' income tax for the year 1962 in the amount of $46,557.28. After certain concessions made by the parties, the sole issue left for decision is whether the admitted loss petitioners suffered when certain stock became worthless in 1962 was a loss on "section 1244 stock."
FINDINGS OF FACT
Some of the facts have been stipulated and they are found accordingly.
Pierre Godart...
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