COLLOIDS, INC. v. MANNING

Civ. A. No. 1058-51.

138 F.Supp. 162 (1955)

COLLOIDS, INC., a corporation of the State of New Jersey, Plaintiff, v. John E. MANNING, The Collector of Internal Revenue, New Jersey District, Defendant.

United States District Court D. New Jersey.

December 16, 1955.


Attorney(s) appearing for the Case

Vincent P. Torppey, Newark, N. J., for plaintiff.

Raymond Del Tufo, Jr., U. S. Atty., Newark, N. J., for defendant.


SMITH, District Judge.

This is an action for the recovery of an excess profits tax deficiency and the interest thereon, assessed and collected under the Revenue Act of 1938, § 602 as amended 26 U.S.C.A. § 600 et seq. The complaint alleges, and the answer denies, that the tax was illegally assessed and collected. The action is before the Court on a stipulation of facts, and the only issue presented for determination is one of law.

Facts

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