Memorandum Findings of Fact and Opinion
RAUM, Judge:
The Commissioner determined a deficiency in the 1959 Federal corporate income tax of L.J.P. Holding Co., Inc., in the amount of $39,518.61, plus additions to tax under sections 6653(a) and 6651(a), I.R.C. 1954, in the amounts of $1,975.93 and $9,879.65, respectively. The Commissioner further determined, and petitioner Lester J. Workman concedes, that petitioner is a transferee of the L.J.P. Holding Co...
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