Polarimetric observations of the unusual interacting binary HD 207739
have shown an existence of variable phase-dependent intrinsic linear p
olarization. It was shown that the observed variations of Stokes param
eters are well represented with Fourier expansion up to second garmoni
cs. The second-harmonlc terms dominate, and their analysis gives the o
rbital inclination value of i = 77+/-2-degrees. The analysis of the ph
ase dependence of polarization gives the information about gaseous-str
eam location In the binary. It is shown that the gaseous streams which
produce the scattered light should be located between the components
in the direction at 45-degrees to the line connecting the components'
centers. An evolutionary status of the binary has also been discused.