BREWSTER, District Judge.
The United States brings this proceeding in equity to enforce its rights to collect the balance due on 1920 income and excess profits taxes from the respondent as transferee of all the assets of the Lincoln Twist Drill Company. The respondent has asked to have the bill dismissed, averring that section 280 of the Revenue Act of 1926 (26 USCA § 1069) provides an exclusive method of enforcing the liability, at law or in equity, of a transferee...
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