My first check as a radio gospel singer on KRBC in Abilene was for $6 and was signed by Elliott Roosevelt. As reserve against this contingency, petitioner purchased in 1956 securities consisting of U. S. Government bonds, Series F, at a cost of $17,031.11 and common stock in the First State Bank of Amarillo at a cost of $5,100. Although the terms of the Penn Mutual loan were somewhat less stringent than those of the bank loans, nevertheless, petitioner found them confining. I never sang much after I got out of college. (1954) - Free download as PDF File (.pdf) or read online for free. New York, USA Memento Mori combines wildflower honey, orange peel, and dandelions foraged at peak bloom to create a sensory experience akin to strolling in a meadow on the first warm day of spring. . 9, 1961), certiorari denied 368 U.S. 948 (1961); Kerr-Cochran, Inc. [Dec. 22,934], 30 T.C. More information about this photograph can be viewed below. Telephone to Glory, oh, what joy divine! Your support aids students of all ages, rural communities, Moreover, if the advance had not been made to Angus during the years in issue, there would have been ample earned surplus and ample cash on hand to permit the distribution of a dividend in each of the years involved. Mr. Justice DOUGLAS delivered the opinion of the Court. 2, Oct. 28, 1963); Gus Blass Co. [Dec. 15,885], 9 T.C. Mead's Fine Bread Co., 348 U.S. 115, 75 S. Ct. 148, 99 L. Ed. Thus, in our opinion the amounts advanced to Angus during the period in issue constitute investments unrelated to petitioner's business. was provided by the McMurry University Library photograph Researchers, educators, and students may find this photograph useful in their work. Mead's Fine Bread Co., 348 U.S. 115, 75 S.Ct. A tenor named Tommy sometimes substituted for Jimmy, and during one funeral somewhere south of Putnam, Tommy slipped and almost fell into the gravehe couldnt seem to walk and sing at the same time. Doc was a lay preacher, and he often took us with him when he addressed a church in some town like Nugent or Lueders. After I added the thyme, ham and sour cream, my husband declared, "This is it!". Under the present statutory provisions dealing with the accumulated earnings tax, unless petitioner can prove to the contrary by a preponderance of the evidence, the very fact that its earnings and profits were permitted to accumulate beyond the reasonable needs of its business is determinative of the proscribed purpose. 757, 764-765 (1963), on appeal (C. A. My moral code today is based as much on my hymn singing as on my churchgoing (Yield not to temptation, For yielding is sin;/Each victry will help you Some other to win). Click on the case name to see the full text of the citing case. Order Enlightenment Wines Memento Mori Dandelion Mead 375-ml bottle online from The Lunar Inn & Tinys Bottle Shop. (https://texashistory.unt.edu/ark:/67531/metapth1165909/m1/1/: 7, 1935), affirming [Dec. 8135] 28 B. T. A. The Portal to Texas History, Texas Lege Watch: A House Republican Fights for Chicken Freedom, Texas Monthly Recognized by ASME in the 2023 National Magazine Awards. During the calendar years 1956 through 1958, E. P. Mead filed joint Federal income tax returns with his wife, Jessie Mead, and reported taxable income thereon which put them in the tax bracket of 20 percent, 62 percent and 53 percent, respectively. 121: Decision Date: 06 December 1954: 348 U.S. 115 75 S.Ct. UNT's history and scholarship, library special collections, plus a From this it derived minimal receipts. No. Mead and his four sons. These corporations purchase their flour and bread wrappers as a unit. Members (2): Duane D Mead / Director, President, Treasurer Box 130967, Tyler, TX 75713 Mary A Mead / Director, Secretary, Director Box 130967, Tyler, TX 75713. Reverse is blank only showing the reverse of the coin. The bakery business has been subject to dramatic innovations. Opinion for Mead's Fine Bread Co. v. Moore, 208 F.2d 777 Brought to you by Free Law Project, a non-profit dedicated to creating high quality open legal information. Mead's Fine Bread Co. v. Moore AppealCourt of Appeals for the Tenth Circuit, Case No. We have set forth in our Findings of Fact with some degree of particularity the various factors which petitioner claims caused it to retain all of its earnings during this period. Mead's Fine Bread Company - New Mexico business overview: agent, contacts, address, registration date, reports and more. 'I came back, I played a . Petitioner actually converted two of its plants in 1961 and another in 1962, at an aggregate cost of $451,125.32. Historic newspapers digitized from across the Red River. Mead and his four sons. Log In. A chaplains assistant, also named Greene, who later starred at Westminster Choir College, called me at midnight, asked me if my story of singing bass on the radio was a lie, and ordered me to report at 0700 to form the Navy Quartet and practice for feature presentation that afternoon. Eaten claims that he Is a paralvtlc and that on Feb. 22 he fell and broke his collar bone and that on the 2lth of the samo month he went into the saloon to dis pose of some of his stock of matches. Real Good Kitchen is a shared kitchen community that provides food entrepreneurs with the equipment, production space and resources they need . Check out our Resources for Educators Site! I put together the group: Norman was back; also Jimmy, the first tenor; Big Jim, another radio golden-throat, was our baritone; and I was the bass. Harry Grant suffered a near-death experience when he was a 12-year-old, he revealed. For the Tucson plant, it had estimated construction cost of $100,000 and costs for equipping the plant of $250,000. The first and only black cheese, creamy and mature and mixed with chilli. They sold bread throughout the Southwest. Mr. Edward W. Napier, Lubbock, Tex., for respondent. Both issues are fact questions. Rehearing Denied Jan. 31, 1955. These corporations maintain plants at Lubbock and Big Spring, Texas, and at Hobbs, Roswell, and Clovis, New Mexico. Although we were careful to avoid any denominational taint in our music, some of the revivals at which we sang tested our religious backgrounds. The Mead family has been engaged in the business of manufacturing and distributing bread on a wholesale basis in the southwestern part of the United States since at least 1938. In 1941, he formed his own bakery, Meads Fine Bread, in Lubbock, Texas, adding three other bakery locations in New Mexico and a frozen dough factory in Abilene. All Rights Reserved, National Bakery Associations and Resources, Baker Equipment Manufacturers and Allieds. Trash Compactor Parts & Accessories. Creator: Unknown. The consolidated accumulated earnings credit is. 6, 1929), certiorari denied 280 U.S. 588 (1929); John A. Nelson Co. v. Commissioner [35-1 USTC 9164], 75 F.2d 696, 697 (C. A. MEAD'S FINE BREAD COMPANY Company Number 0010084800 Status Voluntarily Dissolved Incorporation Date 8 November 1949 (about 73 years ago) Dissolution Date 29 April 1960 Company Type Domestic For-Profit Corporation Jurisdiction Texas (US) Alternative Names. Every hymn was handled like a symphonyand I dont mean to imply that the horn, drum, and saxes were the only instruments; I didnt dare turn and stare, but I know I heard a banjo, strings, at least two cornets (because they tried to harmonize), something mysterious that a GI had brought back from Japan, and a set of snares rigged for marching. Cf. Section 532. Had professional backup: steel, drums, amped lead and bass, acoustic rhythm, Autoharp, and an absolutely wonderful Baptist Sunday school piano. Mead's Fine Bread Co., 348 U.S. 115 , where such pricing was held violative of 2 (a). Helvering v. Nat. They encouraged their associates to participate as speakers and officers of the American Society of Baking. The mead yeast also has a fruity ester profile, so if you want to make mead that has a fruity taste, like a melomel or fruit mead, consider this yeast. The company's mailing address is None Given, None Given, TX 00000. Docket Number: No. In the lower-left corner of map below, select either the pin () or the box (). The radio studios were atop the Hilton Hotel, twelfth floor. The principal issue remaining for decision is whether petitioner is subject to tax under section 5311 with respect to all or any part of the earnings retained by it in any of the years involved herein. Get free access to the complete judgment in MEAD'S FINE BREAD CO. v. MOORE on CaseMine. Although the basic equipment for this process did not become available in the areas in which petitioner's plants were located until some time in 1958, petitioner had, by 1956, made definite plans to begin converting its ten largest bakery plants to the continuous mix process at such time as the equipment could be obtained. Rennala had packed lightly when she departed from Raya Lucaria. Service is great. When petitioner borrowed $400,000 from two banks in 1955, the Meads personally guaranteed petitioner's notes. Petitioner did not submit a statement of grounds, as permitted under section 534(c). endowment Moore v. Mead's Fine Bread Co., 348 U.S. 115 (1955) - Free download as (.court), PDF File (.pdf), Text File (.txt) or read online for free. Filed: 1955-01-31 . 288 (1958). Get free access to the complete judgment in MOORE v. MEAD'S FINE BREAD CO on CaseMine. It also distributes school and office supplies made by Mead and other companies and has . We have found that petitioner in each of the years before us accumulated a portion of its earnings beyond the reasonable needs of its business. UNT's history and scholarship, library special collections, plus a Argued Nov. 17, 1954. The busy boulevard in 1965, six lanes wide with abundant centered street lights. and at Hobbs, Roswell, and Clovis, New Mexico. Motor Fuel Carriers, Inc. v. United States [63-2 USTC 9697], 322 F.2d 576 (C. A. Many cheeses have been coated in ash to enhance flavor and add a smoky undertone, but this is the first time that charcoal has been fully incorporated into a cheese. On September 12, 1955, petitioner borrowed a total of $400,000 from two banks. ; Electric Regulator Corporation [Dec. 26,236], 40 T.C. When petitioner purchased E. P. Mead's stock in Mead's Frozen Foods, Inc., and Bakers Merchandise Company, Inc., on September 14, 1961, a portion of the purchase price, $113,564.78 was carried in petitioner's books as a debt to E. P. Mead. Because it had a bass lead, he even let us do Have a Little Talk With Jesus, and with his high tenor, Fred got to swinging the song more than any of us. 15 (1947); and World Pub. 9, 1954); cf. This fact is determinative of the purpose to avoid the income tax with respect to its shareholders unless petitioner shall prove to the contrary by a preponderance of the evidence. We were too good. Read more Their paths into bakery leadership differed, but together they formed a powerful team that built the second largest bakery in the U.S. during the 1980s. Angus had the following gross receipts from the sale of hay: Neither Ed nor any other officer of Angus or petitioner devoted any of his time to the affairs of Angus. RECIPE BELOW:This is a super simple bread using our Self Rising flour - http://youtu.be/oG3UYanvMjMYou can make this with ale, but Mead, which is a honey ale. . Fred, of course, was gone, and during the war my friend Doc Mead had become not only a big shot in the bakery business but a millionaire. 148 99 L.Ed. The last day she played, as we finished the program she slammed down a violent chord and screamed, There, you goddamn bunch of musical maniacs, and the mike was still open. Each year Mead produces more than 1.5 million tons of paperboard and the company is an industry leader in coated paperboard, containerboard, and multiple packaging. From the foregoing, it is our opinion that Angus did not engage in any business during this period, particularly the business of farming or raising cattle. In fact, the orchestra didnt want to quit. Co. v. United States [47-1 USTC 9280], 72 F.Supp. New Mexico company code: 268904. The receivable from E. P. Mead was entered on petitioner's records without Mead's knowledge in what essentially was a year-end bookkeeping transaction whereby stock owned by petitioner was transferred to E. P. Mead. Normally, where one corporation owns 80 percent or more of the stock of another corporation, it may accumulate earnings to meet the subsidiary's need for funds. I thought I had it made as a singing swabbie. Neither petitioner nor any of the predecessor corporations has ever declared or paid a taxable dividend. Reserved Copyright Bruce Perdue. Hope Toole, Muscle Shoals, Alabama. 1954) Annotate this Case US Court of Appeals for the Tenth Circuit - 208 F.2d 777 (10th Cir. Bakery & Bread Shop All Sliced Bread . The cost of these additions exceeded depreciation allowed during this period by approximately $170,000. Donald L. Wilson and Kenneth G. Tarlton, for the petitioner. ELASTY FINE Filler 2 Pack | FREE 2-5 DAY SHIPPING | Remove Lines, Plump Lips, Fill Wrinkles - Works with PDO Threads | by VIVID-SCIENTIFIC - US East Coast, 1.0 . Unique identifying numbers for this photograph in the Portal or other systems. 334. The estimated average cost of purchasing and installing the necessary equipment was $150,000 per plant. Petitioner's average cash balance for the four weeks ended March 1, 1956, excluding the proceeds of the Penn Mutual loan, was $40,733.86. Although petitioner acquired a plant site in Tucson on March 13, 1958, it later abandoned the project after the years in issue because a competitor that already serviced that market announced that it was opening a plant in Tucson. Mead's Frozen Foods, Inc., was organized to permit petitioner to enter into this line of business without violating the restrictive covenants of the Penn Mutual loan. In 1950, petitioner's four predecessor corporations employed a total of 524 persons. Mead's Fine Bread Co. v. Moore, 208 F.2d 777, 10th Cir. 6, 1955), certiorari denied 351 U.S. 939 (1956). to Obverse reads: "Mead's Fine Bread" The encasement has wrapper lines on the right end to give it a 3-D look. Angus passively continued to hold its farm and ranch land and pay the mortgage indebtedness to which the land was subject during the years involved solely as an investment. Of the 711 students enrolled in the school, 4 had their own cars. We've identified this section 1.537-2 (c)(3), Income Tax Regs. It believed that the adoption of these two lines would be advantageous because it already possessed a ready-made system which could distribute these additional products without any increase in overhead. This If the answer to this issue is in the affirmative, we must determine for each year in question what part of petitioner's earnings and profits, if any, has been retained for the reasonable needs of its business. 69, 80-82 (1958). Argued Nov. 17, 1954. In addition to that amount, petitioner paid interest thereon, and also attorneys' fees in the amount of $26,000. As we were slipping around the corner of the choir, Norman (a dignified sort who became a professor) led the way, and just as he drew even with a tall, praying woman she looked him right in the eye, threw up her hands, and shouted, Thank you , Jesusand Norman shook hands with her. Filed: 1954-01-16 Precedential Status: Precedential Citations: 208 F.2d 777 Docket: 4615_1 When we wanted to bring em to their knees, we did The Old Rugged Cross. We sang the first verse in close harmony, with just a little piano (On a hill far away stood an old rugged cross). Abilene Library Consortium and On the second verse Jimmy did a solo over our humming (Oh, that old rugged cross so despised by the world,/Has a wondrous attraction for me), and the last verse we did a cappella, phrasing it tightly, bring the piano back in for the chorus. Its average cash balance for the four weeks ended March 1, 1956, excluding the Penn Mutual loan from proceeds, was $40,733.86. Section 535(c). MEAD'S FINE BREAD CO. v. MOORE. Real Good Kitchen. standards, project requests, and our services. Tell us if you know the precise location of this item. One such reason was the threat of reduced profits because of price cutting by chain stores which, in addition to their retail trade, operated bakeries. On March 21, 1961, respondent, by registered mail and pursuant to section 534, notified petitioner that respondent intended to issue a deficiency notice for the taxable years ended April 30, 1956, through April 30, 1958, based on section 531. After overseeing the merger of Campbell Taggart with Anheuser Busch, Mr. Mead retired in 1983. He was a graduate of Abilene High School and began a career as bread route salesman for his father and uncle's bakery in Abilene. sub nom. What responsibilities do I have when using this photograph? Moreover, there are, in addition, several factors in the record indicating that one of the purposes of the accumulations during the period before us was to shield the shareholders from taxation. K-12 lesson plans, tools, and other help for history teachers. This is an automated process which produces bread of a better texture and quality at a cost of approximately 10 to 15 percent less than the conventional methods. We finally persuaded him to let us do such radio standards as Telephone to Glory and Lifes Railway to Heaven (Keep your hand upon the throttle,/And your eye upon the rail). The crowd got quiet. On September 14, 1961, petitioner also purchased all of Mead's Frozen Foods, Inc., for $97,727. He claims that the bartender . All were visually striking. Therefore, we conclude that the advances on open account to Angus during petitioner's taxable years 1956 through 1958 represent unreasonable accumulations of surplus. No. We do not agree with any of petitioner's contentions relating to its advances to Angus. In 1978, the . The announcers wife played the piano, and he sang baritone. We've created an One large Holy Roller congregation booked us and told me there wouldnt be any need for us to be there before 10 p.m. because things didnt really get started until then. 145, where such pricing was held violative of 2(a). The Mead Bread Company maintained plants at Lubbock and Big Spring, Texas, and at Hobbs, Roswell, and Clovis, New Mexico. In the forties I rose to Abilene-wide fame as a singer on a radio gospel show. Angus had acquired these cattle at a cost of $129,734. After a revenue agent made an income adjustment to Angus' return in 1956 for unreported rental income of $4,200, Angus in subsequent years began to report rental income for the quarters occupied by Ed V. Mead. Leagle.com reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions. In fact, as September 1940 approached I faced zero possibilities of advanced schooling. I hate to admit, even at this distance, that I brazenly pretended it was grief choking us up. The proposed tax deficiencies were finally determined to be $149,393.66, per Tax Court decision of November 10, 1959. Several other reasons caused petitioner to retain its earnings in this period. Petitioner was engaged in a purely intrastate bakery business. and read 622 reviews: "Very nice hidden gem. However, we also conclude that during each of its taxable years 1957 and 1958, petitioner did have reasonable business needs equal to the amount of earnings retained by it during such year, minus the amount advanced to Angus in such year. 5, 1963). Messrs. Lynell G. Skarda, Dee C. Blythe, Clovis, N.M., for petitioner. I left the fundamentalists years and years gone by and became a Presbyterian in a big church with a paid choir whose members would die of embarrassment if you suggested they sing something as awful as Power in the Blood or Whispering Hope. Sure, a lot of the hymns we sang were composed by people like Handel, Bach, Haydn, Beethoven, Mendelssohn, and Weber: We would see Jesus, for the shadows lengthen/Across the little landscape of our life, My Jesus, as Thou wilt, tho seen through many a tear,/Let not my star of hope grow dim, or disappear. But subtle and lovely as those are, the ones I remember with greatest fondness are the passionate old blood-boilers, the ones that had to do more with tears and toil than balm and bliss. At all times relevant hereto, E. P. Mead, petitioner's president, owned approximately 60 percent of the outstanding stock in petitioner. Earnings and profits of the first corporation put into the second corporation through the purchase of stock or securities or otherwise, may, if a subsidiary relationship is established, constitute employment of the earnings and profits in its own business. University of North Texas Libraries, The Portal to Texas History, View a full description of this photograph, Brightness, Contrast, etc. photograph as well as independent and professional researchers. I like to serve this rich, saucy entree with a salad and homemade French bread. To the work! But he was a good sport. Petitioner's position in response to this is that Angus was, during these years, engaged in the business of farming and raising cattle and that this was stipulated to by respondent. Messrs. Lynell G. Skarda, Dee C. Blythe, Clovis, N.M., for petitioner. Mead's Fine Bread Co. v. Moore, Court Case No. Everyone prayed individually and out loud. January 2023 Reader Quiz: What Did You Learn? Mead's Fine Bread Company filed as a Domestic For-Profit Corporation in the State of Texas and is no longer active. They had a competitor in Santa Rosa, Texas, and Mead's cut the price of their bread from 14 to 7¢. Petitioner during the years involved herein also had definite plans for diversification into the business of manufacturing and distributing potato chips and frozen baked products. This photograph is part of the following collections of related materials. Although petitioner purchased the site for a new plant in Ada, Oklahoma, in October 1957, it abandoned plans for constructing this plant in 1961 because its other plant in that town was not operating as profitably as had been expected. accessed March 4, 2023), . We used some great female voices, white and black. But it wasnt the same. 2d 145, 1954 U.S. LEXIS 2742 Brought to you by Free Law Project, a non-profit dedicated to creating high quality open legal information. The ultimate issue for our decision is whether petitioner was availed of during its fiscal years ended April 30, 1956, through April 30, 1958, for the purpose of avoiding income taxes with respect to its shareholders by permitting its earnings and profits to accumulate instead of being divided or distributed. This amount would not have been sufficient to enable petitioner to conduct its operations for one day. In part, these time deposits were held as to reserve for the contingent tax liability. I dont want to leave the impression that Meads Quartet was irreverent or cynical, or that I was. Big Jim directed us, and I wrote the scripts, which consisted of brief spoken introductions to the hymns, things like From the little church just around the corner of your heart comes . Mr. Edward W. Napier, Lubbock, Tex., for respondent. crediting McMurry University Library. photograph And I did a couple of bars on harmonica. Petitioner has failed to prove that its reasonable business needs during each of the years in question exceeded the amount of earnings retained by it each year, minus the amount advanced to Angus on open account during such year. It has some wear as to be expected, some paint loss in spots on the bottom cross plate, which only adds to the character! We've been unable to identify the creator(s) of this photograph. 334. . from atop St. Anthony's Hospital about 1960. The remaining stock in petitioner was held by other members of the Mead family during the period in question. By April 30, 1957, these increased to $250,000 and to $421,000 as of April 30, 1958. The boycott gave Moore a complete monopoly of the bread business in Santa Rosa. Lakewood, CO. 972. 1949 Mead's Fine Bread Unusual Loaf Shape Encased Coin Wheat Penny One C 1949 Meads Fine Bread Encased Cent - Loaf Of Bread Shape -Unusual 1949 D Encased Cent - Wonder Bread - Penny For Penny Your Best Food Buy 1949 Mead's Fine Bread Figural Loaf Bakery Good Luck Penny Encased Cent 1949 Mead's Fine Bread Encased Cent Shaped Like Loaf Of Bread The Meade's Fine Bread commercial became one of the most popular of its time.. Funerals always brought out the worst in us. Petitioner's management had estimated during the years in issue that trade accounts receivable would increase between 20 and 25 percent per year. On September 14, 1961, after petitioner obtained a loan of $1,350,000 from Republic National Bank of Dallas and repaid the Penn Mutual loan, it purchased from E. P. Mead and Ed V. Mead, at their cost, all of the outstanding stock in Mead Co., Inc., for $402,863.62. AnyLaw is the FREE and Friendly legal research service that gives you unlimited access to massive amounts of valuable legal data. Petitioner contends that for purposes of computing this credit it is permitted to consider the needs of Angus, even though Angus may not have been actually engaged in any business, in determining the reasonable needs of the business of the group. https://texashistory.unt.edu/ark:/67531/metapth1165909/m1/1/. It has been viewed 1144 times, with 31 in the last month. [Mead's Fine Bread Company], Click the citation to see the full text of the cited case. Helpful links in machine-readable formats. Research the case of Mead's Fine Bread Co. v. Moore, from the Tenth Circuit, 12-11-1953. a digital repository hosted by the The company's filing status is listed as Withdrawal and its File Number is 268904. large collection of U.S. government documents. February 2023 Reader Quiz: What Did You Learn? bread from mead dregs I've done this several times. During the years in issue, the course pursued by petitioner with regard to expansion remained the same. The piece has Mead's fine Bread on the front and the back is plain. Cf. We've created an Was born December 22, 1919 to W.L. Serger & Overlock Machine Accessories. 90 (1954), affd. And dont laugh at the size of the check. Patricia Sharpe writes a regular restaurant column, Pats Pick, for Texas Monthly. Petitioner is a Delaware corporation with its principal office in Amarillo, Texas. And that was no legend. Without that $6 each week I couldnt have gone to college. See 348 U.S. 932, 75 S.Ct. God be with you till we meet again! He was a true golden-throat. as a primary source within our collections. Commissioner v. Ehrhart [36-1 USTC 9142], 82 F.2d 338 (C. A. The Supreme Court ruled that this was monopolistic behavior and that as an interstate and intrastate company is was illegal to cut the prices in one town without cutting their prices in all their locations. Explore menu, see photos and read 622 reviews: "Very nice hidden gem. If your yeast has reached its alcohol tolerance this probably wouldn't work. Terms of Use, Site Copyright 1999-2021 by Bruce Perdue Email: WebmasterAll Rights United States Court of Appeals Tenth Circuit. Dates and time periods associated with this photograph. This company was engaged in the business of manufacturing and selling bread. However, investment by a corporation of its earnings and profits in stock and securities of another corporation is not, of itself, to be regarded as employment of the earnings and profits in its business. The sponsor was a bakery; the subject was the Bread of Life. While working as program director at station KCUL Photographed By Craig Doda, May 11, 2020 2. We are servants of God, Bringing in the Sheaves, Well Work Till Jesus Comes, Far and near the fields are teeming, with the waves of ripened grain, Take your lives in your hand, to the work while tis the daySpeed Away!. Read more Since petitioner did not submit a statement of grounds in response to the notification sent by respondent pursuant to section 534(b), petitioner must bear the burden of proving that all or any part of its earnings and profits has not been permitted to accumulate beyond the reasonable needs of its business. Bill O. Mead and Connie B. However, because of our finding that a portion of its earnings and profits were accumulated to meet the reasonable needs of its business during its taxable years ended April 30, 1957 and 1958, petitioner is entitled to a consolidated accumulated earnings tax credit based upon such finding. Geographical information about where this photograph originated or about its content. awards, and more. University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; They only cut the price in Santa Rosa, but not in other Texas or New Mexico locations. This is an appeal from a verdict and judgment in favor of the plaintiff-appellee in an action for treble damages under the Robinson-Patman Amendment to the Clayton Act, 15 U.S.C.A. Reverse of the loaf of bread encased cent. Petitioner was engaged in a purely intrastate bakery business. He upped my wages to $7.50. One of the most significant innovations in the baking industry in recent years has been the development of the continuous mix method of making bread. is part of the collection entitled: This loan also prohibited petitioner from acquiring any new corporations or assets by merger, or in return for the issuance of its stock.