Monarch Electric & Wire Co. v. Com'r of Internal Revenue

38 F.2d 417 (1930)

MONARCH ELECTRIC & WIRE CO.

v.

COMMISSIONER OF INTERNAL REVENUE.

No. 4202.

Circuit Court of Appeals, Seventh Circuit.

February 26, 1930.

Herbert G. Mayer and Carl Meyer, both of Chicago, Ill., for appellant.

Randolph C. Shaw, of Washington, D. C., for appellee.

Before ALSCHULER, EVANS, and SPARKS, Circuit Judges.

SPARKS, Circuit Judge.

This is a petition by Monarch Electric & Wire Company to review an order of the Board of Tax Appeals entered August 14, 1928, and involves income and excess profits taxes for the year 1920, in the amount of $6,104.03.

The uncontroverted facts relating to…