LOWELL WOOL BY-PROD. CO. v. WAR CONT. PRICE ADJ. BD.

Docket No. 375-R.

14 T.C. 1398 (1950)

LOWELL WOOL BY-PRODUCTS COMPANY, PETITIONER, v. WAR CONTRACTS PRICE ADJUSTMENT BOARD, RESPONDENT.

United States Tax Court.

Promulgated June 30, 1950.


Attorney(s) appearing for the Case

Edward C. Park, Esq., for the petitioner.

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


This case involves war contract renegotiation. The period involved is the fiscal year ending December 31, 1943. The respondent determined that the petitioner's renegotiable profits in 1943 were excessive in the principal amount (before any adjustment for State taxes measured by income) of $15,000. The principal question involved is whether, within the meaning of section 403 (c) (6) of the Renegotiation Act, petitioner was under the...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases