Court of Appeals for the Fifth Circuit May 1, 1968, 24693 (The Louisiana Land and Exploration Company v. Charles A. Donnelly, Formerly Collector of Internal Revenue)

AINSWORTH, Circuit Judge:

Louisiana Land and Exploration Company (LL&E), taxpayer, has appealed from an adverse judgment of the district court in its suit for refund of federal income and excess profits taxes paid for the calendar years 1950 through 1953.