THE CALORIZING CO. v. STIMSON

Docket No. 227-R.

7 T.C. 617 (1946)

THE CALORIZING COMPANY, PETITIONER, v. HENRY L. STIMSON, SECRETARY OF WAR OF THE UNITED STATES, ROBERT P. PATTERSON, UNDER SECRETARY OF WAR OF THE UNITED STATES, RESPONDENTS.

United States Tax Court.

Promulgated August 19, 1946.


Attorney(s) appearing for the Case

Wallace C. Magathan, Esq., for the petitioner.

Frederick N. Curley, Esq., for the respondents.


OPINION.

TURNER, Judge:

The Secretary of War made a unilateral determination that $100,000 of the profits realized by the petitioner from its renegotiable business during its fiscal year ended April 30, 1943, constituted excessive profits within the meaning of the Renegotiation Act. The statutory notice of this determination, dated March 30, 1945, was mailed to and received by petitioner. The present proceeding is brought to determine the correctness...

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