UNITED DRUG CO. v. NICHOLS

No. 2731.

21 F.2d 160 (1927)

UNITED DRUG CO. v. NICHOLS.

District Court, D. Massachusetts.

June 9, 1927.


Attorney(s) appearing for the Case

Robert H. Holt and Gaston, Snow, Saltonstall & Hunt, all of Boston, Mass., for plaintiff.

Marcus Morton, Jr., Asst. U. S. Atty., of Boston, Mass., for defendant.


LOWELL, District Judge.

This was a suit to recover a war excess profits tax paid under protest. The plaintiff bought the assets of the Seamless Rubber Company, and then sold to the public shares of that company at a price greater than it had paid for the assets. The government taxed this excess as a profit. The plaintiff and the Seamless Rubber Company were affiliated companies, within the meaning of the law then in force, which provided that the tax on such companies...

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