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IN THE MATTER OF F. P. NEWPORT CORP., LTD.

No. 25308.

144 F.Supp. 507 (1956)

In the Matter of F. P. NEWPORT CORPORATION, Ltd., a Corporation, Bankrupt.

United States District Court S. D. California, Central Division.

September 11, 1956.

Attorney(s) appearing for the Case

George Bouchard, Los Angeles, Cal., Special Tax Counsel, for Paul W. Sampsell, Los Angeles, trustee in bankruptcy.

Laughlin E. Waters, U. S. Atty., Edward R. McHale, Asst. U. S. Atty., Chief, Tax Division, Eugene Harpole, Atty., I. R. S., Los Angeles, Cal., for Internal Revenue Service.

YANKWICH, Chief Judge.

The petition to review the Order of the Referee dated May 28, 1956, disallowing federal income taxes for the years 1952, 1953, 1954 and 1955, heretofore argued and submitted, is now decided as follows:

The said Order is affirmed and the Findings of Fact and Conclusions of Law of the Referee of the same date are adopted as those of the Court.

Comment

This case comes up for review after a previous Order disallowing taxes...

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