Clifton Mfg. Co. v. United States

SOPER, Circuit Judge.

Clifton Manufacturing Company, a South Carolina corporation, brought an action in the District Court under section 24 (20) of the Judicial Code, as amended by the Act of February 24, 1925, 43 Stat. 972, 28 USCA § 41 (20), for the refund of income and profit taxes for the fiscal year ending March 31, 1918, contending that the assessment and collection of the taxes, when made, were barred by the statute of limitations. The taxpayer, in its bill of complaint, prayed that certain tax waivers, executed by its officers after the period. of limitations had expired, be declared…