BURKE GOLF EQUIPMENT CORP. v. UNITED STATES

No. 58 C 609.

193 F.Supp. 615 (1961)

BURKE GOLF EQUIPMENT CORPORATION, an Illinois corporation, Plaintiff, v. UNITED STATES of America, Defendant.

United States District Court N. D. Illinois, E. D.

January 24, 1961.


Attorney(s) appearing for the Case

Crowell & Leibman, Chicago, Ill., and Greenebaum, Barnett, Wood & Doll, Louisville, Ky., for plaintiff.

Robert Tieken, U. S. Atty., Chicago, Ill., for defendant.


WHAM, District Judge.

There seems to be but two issues in this case which require decisions. The other issues are not in dispute and I shall pass them by without comment.

The issues in controversy relate (1) to whether the interest paid by plaintiff on debenture bonds issued by the corporation was interest paid on a true indebtedness or dividends paid on the equivalent of stock in the corporation, and (2) to whether...

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