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MATTER OF FED. TEL. & RADIO CORP. (CORSI)

301 N.Y. 95 (1950)

In the Matter of Federal Telephone & Radio Corp., Appellant. Edward Corsi, as Industrial Commissioner, Respondent.

Court of Appeals of the State of New York.

Decided May 25, 1950

Attorney(s) appearing for the Case

D. Nelson Adams, Rufus D. McDonald and Richard C. Woods for appellant.

Nathaniel L. Goldstein, Attorney-General (Francis R. Curran and Wendell P. Brown of counsel), for respondent.

LOUGHRAN, Ch. J., LEWIS, CONWAY, DESMOND and FULD, JJ., concur with FROESSEL, J.; DYE, J., dissents in opinion.

FROESSEL, J.

The question here presented concerns the right of the appellant, Federal Telephone & Radio Corp., to transfer to Federal Telecommunication Laboratories, Inc. (hereinafter called "Laboratories") a contribution rate credit for the year 1945, granted to appellant under section 577 of the Unemployment Insurance Law (Labor Law, art. 18). The Appellate Division has reversed on the law the decision of...

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