ADVANCE ALUMINUM CASTINGS CORP. v. HARRISON

No. 8920.

158 F.2d 922 (1946)

ADVANCE ALUMINUM CASTINGS CORPORATION v. HARRISON, Collector of Internal Revenue.

Circuit Court of Appeals, Seventh Circuit.

Rehearing Denied January 29, 1947.


Attorney(s) appearing for the Case

J. Albert Woll, U. S. Atty. of Chicago, Ill., Douglas W. McGregor, Sewall Key and Harry Marselli, United States Department of Justice, all of Washington, D. C., Helen R. Carloss, Sp. Asst. to Atty. Gen., and John B. Stephan, Asst. U. S. Atty. of Chicago, Ill., for appellant.

James F. Spoerri, and Bobb, Spoerri, Bourland & Harris, all of Chicago, Ill., for appellee.

Before MAJOR and MINTON, Circuit Judges, and LINDLEY, District Judge.


MINTON, Circuit Judge.

Advance Pattern and Foundry Company, hereafter referred to as Pattern, was a wholly-owned subsidiary of Advance Aluminum Castings Corporation, hereafter referred to as Castings. Pattern was engaged in the sale of aluminum utensils on the installment contract plan and had availed itself of the applicable provisions of the Internal Revenue Act to file its income tax returns on the installment sales basis.

In 1936 the two corporations were...

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