VAUGHN MACHINERY CO. v. RENEGOTIATION BOARD

Docket No. 920-R.

30 T.C. 949 (1958)

THE VAUGHN MACHINERY COMPANY, PETITIONER, v. RENEGOTIATION BOARD, RESPONDENT.

United States Tax Court.

Filed July 31, 1958.


Attorney(s) appearing for the Case

Walter E. Barton, Esq., and Karl K. Morris, C. P. A., for the petitioner.

Frank H. Harvey, Jr., Esq., and James H. Prentice, Esq., for the respondent.


FORRESTER, Judge:

By its unilateral order, the Renegotiation Board determined that in 1952 petitioner had realized excessive profits subject to renegotiation in the amount of $200,000, all of which is in issue.

FINDINGS OF FACT.

Some of the facts have been stipulated and are so found, the stipulations being incorporated herein by this reference.

Petitioner is a corporation organized under the laws of the State of Ohio, with its principal...

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