Larrabee v. Stimson
United States Tax Court
1. Renegotiation -- Unilateral Determination -- Statutory Authority. -- The Renegotiation Act authorized the Secretary of War, in the absence of a mutual agreement, to issue a unilateral order determining the amount of excessive profits realized by a contractor or subcontractor in 1942. 2. Renegotiation -- Repairs -- Machinery Used in Performance of War Contracts. -- Amounts received by the petitioner for repairs made on machinery used by his customers in performing war…
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1. Renegotiation -- Unilateral Determination -- Statutory Authority. -- The Renegotiation Act authorized the Secretary of War, in the absence of a mutual agreement, to issue a unilateral order determining the amount of excessive profits realized by a contractor or subcontractor in 1942. 2. Renegotiation -- Repairs -- Machinery Used in Performance of War Contracts. -- Amounts received by the petitioner for repairs made on machinery used by his customers in performing war contracts are subject to renegotiation. 3. Renegotiation -- Excessive Profits -- Amount. -- The amount of excessive profits…
1Opinion of the Court
Ralph E. Larrabee, Doing Business as L. & F. Machine Company, Petitioner, v. Henry L. Stimson, Secretary of War of the United States, Robert P. Patterson, Under Secretary of War of the United States, Respondents. Ralph E. Larrabee, Doing Business as L. & F. Machine Company, Petitioner, v. War Contracts Price Adjustment Board, Respondent
Larrabee v. Stimson
Docket Nos. 150-R, 398-R, 601-R
United States Tax Court
17 T.C. 69; 1951 U.S. Tax Ct. LEXIS 122;
July 26, 1951, Promulgated
1. Renegotiation -- Unilateral Determination -- Statutory Authority. -- The Renegotiation Act authorized the Secretary of…
2Cases cited11 opinions
- Louisville & Nashville Railroad v. MottleySupreme Court of the United States · 1911
- Lichter v. United StatesSupreme Court of the United States · 1948
- L. P. Steuart & Bro., Inc. v. BowlesSupreme Court of the United States · 1944
- Ring Constr. Corp. v. Secretary of WarUnited States Tax Court · 1947
- Joe Balestrieri & Co. v. Commissioner of Internal Rev.Court of Appeals for the Ninth Circuit · 1949
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