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PARKE, AUSTIN & LIPSCOMB v. FEDERAL TRADE COM'N

No. 238.

142 F.2d 437 (1944)

PARKE, AUSTIN & LIPSCOMB, Inc., et al. v. FEDERAL TRADE COMMISSION.

Circuit Court of Appeals, Second Circuit.

April 19, 1944.

Attorney(s) appearing for the Case

Marlow & Hines, of New York City (Ernest W. Marlow and Richard Lincoln, both of New York City, of counsel), for petitioners.

W. T. Kelley, Chief Counsel, and Eugene W. Burr and Randolph W. Branch, Sp. Attys., Federal Trade Commission, all of Washington, D. C., for respondent.

Before SWAN, CHASE, and CLARK, Circuit Judges.

CHASE, Circuit Judge.

The petitioner Parke, Austin & Lipscomb, Inc., is a corporation which since 1914 has been engaged in the publication and distribution of books. The petitioner Smithsonian Institution Series, Inc., is a subsidiary corporation wholly owned by Parke, Austin & Lipscomb, Inc. The petitioners Monett, Hogan and McAndrews are officers of the two corporations.

In 1926 negotiations between the...

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