Mead's Fine Bread operated in Texas and New Mexico. By His counsels guide, uphold you, With His sheep securely fold you; God be with you till we meet again! 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. What responsibilities do I have when using this photograph? Basic information for referencing this web page. Book now at Grape Vine Cafe - Buffalo & Lake Mead in Las Vegas, NV. . To learn more about cookies and how ASB uses them please visit our Privacy Policy page. We've created an Bakery & Bread Shop All Sliced Bread . See 348 U.S. 932, 75 S.Ct. His business was wholly intrastate. Winter Park Chamber Immersive Art Exhibit Field Trip happening at Mead Botanical Garden, 1300 South Denning Drive, Winter Park, United States on Thu Mar 30 2023 at 11:30 am to 01:30 pm . Several other reasons caused petitioner to retain its earnings in this period. Website unavailable outside U.S. The cases linked on your profile facilitate Casemine's artificial intelligence engine in recommending you to potential clients who might be interested in availing your services for similar . First of all, the evidence in the record affirmatively shows that Angus was not actively engaged in the business of cattle raising or farming during the years in issue and that, at most, it was a mere investment company. The encasement is approximately 2 inches wide by 1 at its tallest point. Theres within my heart a melody; Jesus whispers sweet and low . God Be With You Closing theme of Meads Quartet. Therefore, before we can determine whether, or to what extent, petitioner allowed its earnings and profits during these years to accumulate beyond its reasonable needs, we must consider several factors mentioned by respondent as indicating that petitioner did unreasonably accumulate its earnings. --- Decided: Dec 6, 1954 See 348 U.S. 932, 75 S.Ct. The requests poured in, sometimes with the titles spelled phonetically: And please play Father Alone, first chance you get or Dead Meads Quartet: Will you please sing Blessed Insurance for my sister who has just lost her husband. And I did a couple of bars on harmonica. One such factor is the rapid growth of the four predecessor corporations between October 1946 and May 1, 1955, whereby they acquired 14 additional plants and doubled their number of employees. by the McMurry University Library. Argued Nov. 17, 1954. 121 Argued November 17, 1954 Decided December 6, 1954 348 U.S. 115 CERTIORARI TO THE UNITED STATES COURT OF APPEALS FOR THE TENTH CIRCUIT Syllabus Petitioner sued respondent for treble damages for violations of 2 of the Clayton Act and 3 of the Robinson-Patman Act. Had professional backup: steel, drums, amped lead and bass, acoustic rhythm, Autoharp, and an absolutely wonderful Baptist Sunday school piano. Obverse reads: "Mead's Fine Bread" The encasement has wrapper lines on the right end to give it a 3-D look. As previously indicated, petitioner has the burden of proving that the earnings retained by it during the years in issue did not exceed its reasonable business needs. Rehearing Denied Jan. 31, 1955. Trash Compactor Parts & Accessories. It also believed that since the consumption of refrigerated biscuits directly cut into the bread market, it should expand into the biscuit business to protect its share of the market. The common round shape is well known in several diameters. section 1.537-2(c)(4), Income Tax Regs. Sewing Notions & Supplies We sang the Navy hymn while the chaplain intoned Crossing the Bar, and it was so successful that station WCAU recorded it and played it several times that evening. Petitioner is a Delaware corporation with its principal office in Amarillo, Texas. N. E. 8th (Amarillo Blvd.) At all times relevant hereto, E. P. Mead, petitioner's president, owned approximately 60 percent of the outstanding stock in petitioner. This recipe has evolved over the past eight years. Mrs. Claude M., Baird, Texas.. However, to the extent petitioner can establish that it retained all or any part of its earnings and profits to meet the reasonable needs of its business, such amount will be allowed as a credit against its accumulated taxable income7 subject to the accumulated earnings tax. Mead's Fine Bread" The bread company was known for its radio jingles, one of which was written and sung by well-known disc jockey Bill Mack. accessed March 4, 2023), 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. per curiam [1929 CCH D-9307] 34 F.2d 1022 (C. A. When the war was over I returned to college and, despite the GI bill, the need for extra income arose. 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. Section 1.537-3(b), Income Tax Regs. 886, 895 (N. D. Okla. 1947), affd. There was a trend in the baking industry toward more credit and larger receivables. BILL MEAD OBITUARY. as well as independent and professional researchers. . This truly unique cheese is made with charcoal from the Featherstone mines in Yorkshire mixed with a wonderfully creamy mature wax coated cheddar. The company's mailing address is None Given, None Given, TX 00000. image file Mr. Lane succeeded him as chairman and CEO until his retirement in 1987. Some content on this site may be difficult to view. In the lower-left corner of map below, select either the pin () or the box (). 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. photograph MEADOWVIEW POOL CO; MEADS STEPHEN OIL CO CO; MEAD-RAYMOND CORPORATION. Encasements for coins take on many different shapes. Although Meads Quartet never reached the point of commanding a fee for public performances, it was in demand for revivals, special appearances, and funerals. 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. Order Enlightenment Wines Memento Mori Dandelion Mead 375-ml bottle online from The Lunar Inn & Tinys Bottle Shop. MEAD'S FINE BREAD CO on CaseMine. Harry Grant suffered a near-death experience when he was a 12-year-old, he revealed. Mead's Fine Bread Co., 348 U.S. 115, 75 S.Ct. In 1954 the company was sued by a competitor The Moore Bakery. This company has not listed any contacts yet. In connection with its acquistion on May 1, 1955, of the four predecessor corporations, petitioner acquired the Angus stock, which had previously been owned by one of the predecessor corporations (hereinafter referred to as El Paso). Helpful links in machine-readable formats. and at Hobbs, Roswell, and Clovis, New Mexico. We've been unable to identify the creator(s) of this photograph. Mead's fine bread company is a New Mexico Foreign Profit Corporation filed On November 21, 1949. During this same period, Ed V. Mead filed joint returns with his wife, Elizabeth Mead. about this topic here. There was little desire to wallow or linger in her former husband's company, and her heart was still heavy despite her peace with the Tarni- with Elia. Sick bucks a week. rirgiuio IA ais zonfokrruw, tale of the roll Lorn, ferttecikettd; t of oka'datwafromtereleisted _pedlttiilupbu berporeenAguotantoneadacloar tall SS coldly and calmly s a mortal etstur-- 4k:bloc( Exalainor,, ; , ; rf "., Jima yettliemtrul.couatica in allemadnelatta rich enoogh to by up tho vloolo State I ken down, poor aristocracy is . On September 14, 1961, petitioner also purchased all of Mead's Frozen Foods, Inc., for $97,727. ACE Newsletter "The Casement" - PDF files available, https://caselaw.findlaw.com/us-supreme-court/348/115.html. 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. ); and (3) petitioner's advances on open account to its two principal shareholders, E. P. Mead and Ed V. Mead (cf. I can feel the current moving down the line. Although we were careful to avoid any denominational taint in our music, some of the revivals at which we sang tested our religious backgrounds. He suggested we do it during the prayer. . Leagle.com reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions. This was done so as to prevent a technical violation of a covenant in the Penn Mutual loan agreement. Between the years 1955 and 1960, Angus sustained the following losses: During each of the years in issue, petitioner advanced substantial amounts on open account to Angus. Fermented Cider Beer Wine Sake Soda Mead Kefir And Kombucha At Home Emma Christensen Pdf File Free True Brews True Brews The Everything Hard Cider Book The Big Book of Cidermaking Craft Cider Making The Everything Hard Cider Book The Joy of Brewing Cider, Mead, and Herbal Wine The New Cider Maker's Handbook Tasting Cider Modern Cider Making the . Check out our Resources for Educators Site! 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. consistently emphasize the unreasonably low prices and the predatory intent of the defendants." 2, Oct. 28, 1963); Gus Blass Co. [Dec. 15,885], 9 T.C. Shortly after its incorporation on April 27, 1955, petitioner, in a tax-free reorganization, acquired the assets and assumed the liabilities of the following corporations, which were then dissolved: (These corporations will hereinafter sometimes be referred to as the predecessor corporations.) They had a competitor in Santa Rosa, Texas, and Mead's cut the price of their bread from 14 to 7. [48-2 USTC 9346] 169 F.2d 186 (C. A. It maintains its books and records and files its Federal income tax returns on the basis of a fiscal year ended April 30. photograph When petitioner borrowed $400,000 from two banks in 1955, the Meads personally guaranteed petitioner's notes. Therefore, we conclude that the advances on open account to Angus during petitioner's taxable years 1956 through 1958 represent unreasonable accumulations of surplus. The Court said, "Congress by the Clayton Act and Robinson-Patman Act barred the use of interstate business to destroy local . Decided Dec. 6, 1954. Dates and time periods associated with this photograph. Creation Date: Unknown. Subsequently, the Court noted that 'the decisions of the federal courts in primary-line-competition cases * * * consistently emphasize the unreasonably low prices and the predatory intent of the defendants.' Mead and his four sons. This amount would not have been sufficient to enable petitioner to conduct its operations for one day. They have continued to increase since that time. The sponsor was a bakery; the subject was the Bread of Life. The Mead Bread Company maintained plants at Lubbock and Big Spring, Texas, and at Hobbs, Roswell, and Clovis, New Mexico. Copyright 2022 American Society of Baking. I thought I had it made as a singing swabbie. 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. 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. Moreover, although petitioner's four-week cash balance for its fiscal year ended April 30, 1956, was $360,283.37, the major portion of this amount consisted of loan proceeds, namely, $281,000 borrowed from The Penn Mutual Life Insurance Company on February 1, 1956. West Texans Are Learning What It Means to Live in Bear Country, How Florence ButtNot Her SonLaunched the H-E-B Empire, H-E-Bs True Texas BBQ Restaurant Is Slipping, Jimmy Carters Peanut-and-Egg Taco Made Quite the Impression on San Antonians. It has been viewed 1144 times, with 31 in the last month. Thereafter, Angus' sole activity, aside from renting the home on its farm to Ed V. Mead and selling off unneeded equipment, was to lease, on a share crop basis, a portion of its land for the cultivation of hay. 'I came back, I played a . William Ernest Seatree [Dec. 7413], 25 B. T. A. Big Jim took an announcers job in Lubbock, Jimmy transferred to some Oklahoma college, Norman graduated and went to New York to work on his M.A. By April 30, 1957, these increased to $250,000 and to $421,000 as of April 30, 1958. . I night-managed a drive-in cafe right up to the week before graduation. Mead's Fine Bread Co., 348 U. S. 115 (1954), a case based in part on 3, recognized the applicability of the Robinson-Patman Act to conduct quite similar to that with which National Dairy and Wise are charged here. standards, project requests, and our services. Donald L. Wilson and Kenneth G. Tarlton, for the petitioner. Neither petitioner nor any of the predecessor corporations paid a taxable dividend throughout their respective existences. All were visually striking. Petitioner, also on September 14, 1961, purchased from E. P. Mead at his cost, $66,326.94, all of the outstanding stock in Bakers Merchandise Company, Inc., Amarillo, Texas.