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UNITED STATES v. EDWARD VALVES, INC.

Nos. 10781, 10782.

207 F.2d 329 (1953)

UNITED STATES v. EDWARD VALVES, Inc.

United States Court of Appeals Seventh Circuit.

Rehearing Denied November 6, 1953.

Attorney(s) appearing for the Case

Joseph H. Lesh, U. S. Atty., Ft. Wayne, Ind., James E. Keating, Asst. U. S. Atty., South Bend, Ind., Frederick N. Curley, Department of Justice, Washington, D. C., for U. S.

John Enrietto, Fuller Holloway, F. C. Niswander, and Hamel, Park & Saunders, Washington, D. C., for Valves.

Before MAJOR, Chief Judge, and FINNEGAN and SWAIM, Circuit Judges.

SWAIM, Circuit Judge.

This action, filed by the United States of America under the Renegotiation Act, 56 Stat. 245, as amended, 50 U.S.C.A. Appendix, § 1191, against the defendant, Edward Valves, Inc., an Indiana corporation, sought judgment against the defendant for the recovery of alleged excessive profits realized by the defendant during the calendar years 1942, 1943, 1944 and 1945, together with interest thereon at 6 per cent per annum from the due dates...

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