AMERICAN MANUFACTURING CO., INC. v. COMMISSIONER

Docket Nos. 4027-65, 4028-65.

55 T.C. 204 (1970)

AMERICAN MANUFACTURING COMPANY, INC. (SUCCESSOR BY MERGER TO SAFETY INDUSTRIES, INC.; SUCCESSOR BY LIQUIDATION TO PINTSCH COMPRESSING CORP.), PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT AMERICAN MANUFACTURING COMPANY, INC. (SUCCESSOR BY MERGER TO SAFETY INDUSTRIES, INC.), PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed October 29, 1970.


Attorney(s) appearing for the Case

David G. Sacks and Harold R. Handler, for the petitioners.

James Q. Smith, for the respondent.


FORRESTER, Judge:

In these consolidated cases respondent has determined deficiencies in petitioner's income taxes as follows:

                  Docket No.            Taxable year   Deficiency
                                           ended

4028-65 -----------------------------     12/31/55     $56,016.14
4027-65 -----------------------------   [1]8/25/58      11,247.13

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