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PARK SHERMAN CO. v. UNITED STATES

Docket Nos. 698-R, 707-R, 699-R.

29 T.C. 175 (1957)

PARK SHERMAN CO., PETITIONER, v. THE UNITED STATES OF AMERICA, RESPONDENT. PARK BLOOMINGTON, INC., PETITIONER, v. THE UNITED STATES OF AMERICA, RESPONDENT.

United States Tax Court.

Filed October 30, 1957.

Attorney(s) appearing for the Case

Frank J. Delaney, Esq., for the petitioners.

Frederick N. Curley, Esq., Charles J. Steele, Esq., Harland F. Leathers, Esq., and Robert Kernan, Esq., for the respondent.

FISHER, Judge:

The War Contracts Price Adjustment Board determined that petitioners had the following excessive profits from certain contracts subject to renegotiation:

----------------------------------------------------------------------------------------------
                  Petitioner                    |  Excessive  |          Fiscal year
                                                |   profits   |
--------------------------------...

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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