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READE MANUFACTURING COMPANY v. UNITED STATES

Civ. No. 286-60.

192 F.Supp. 749 (1961)

READE MANUFACTURING COMPANY, Inc., a corporation of the State of New Jersey, Plaintiff, v. UNITED STATES of America, Defendant.

United States District Court D. New Jersey.

April 6, 1961.

Attorney(s) appearing for the Case

William Boorstein, Bayonne, N. J., for plaintiff.

Chester A. Weidenburner, U. S. Atty., Charles H. Hoens, Jr., Asst. U. S. Atty., Newark, N. J., Daniel M. Dwyer, Atty., Tax Division, Dept. of Justice, Washington, D. C., for defendant.

MEANEY, District Judge.

This is a suit for the recovery of income taxes for the years 1954 and 1955, with interest, aggregating approximately $18,500. The facts have been agreed upon and are contained in the stipulation submitted to the court, a photostatic copy of which is annexed hereto.

In the course of this opinion the plaintiff will be referred to as the corporation, and the Reade brothers' partnership, Reade Manufacturing Company, will be referred to...

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