George E. Warren Co. v. United States

FORD, District Judge.

This, is a suit for refund of surtaxes paid on undistributed profits and interest thereon for the calendar, year of 1936. The action is based upon the provisions of the Revenue Act of 1942, Section 501(a) (3), 56 Stat. 798, 954, 26 U.S.C.A. Int.Rev.Acts, page 344.

The plaintiff, George E. Warren Company, is a corporation organized under the laws of the State of Maine, and having a principal place of business in Massachusetts. It was engaged in the coal business until 1921, when it transferred the coal business to another corporation. Thereafter, most of plaintiff’s assets…