Brandt v. Defense Plant Corp.

The respondent Defense Plant Corporation is a Federal governmental corporation created and since its inception wholly owned by the Reconstruction Finance Corporation. The latter is an agent and instrumentality of the United States, created by act of Congress in 1982 in corporate form for administrative convenience. (Reconstruction Finance Corporation Act, U. S. Code, tit. 15, § 601 et seq.; R. F. C. v. Menihan Corp., 312 U. S. 81.) Since such organization its powers have been enlarged “ in order to aid the Government of the United States in its national-defense program.” (U. S. Code, tit. 15,…