mead's fine bread company mead's fine bread company

Anything? 141 (1959), affd. The common round shape is well known in several diameters. Mead's Fine Bread Company - 268904 - Santa Fe, Nm 87504 - New Mexico and On September 14, 1961, petitioner also purchased all of Mead's Frozen Foods, Inc., for $97,727. Thus, in 1956 petitioner began to set aside a portion of its earnings to effect these plans. ; Electric Regulator Corporation [Dec. 26,236], 40 T.C. The Penn Mutual loan contained restrictions against petitioner's incurring any indebtedness other than (1) the Penn Mutual loan, (2) indebtedness incurred in connection with the purchase of equipment, but not to exceed an aggregate of $150,000 at any time outstanding, and (3) unsecured bank loans maturing within 12 months and not exceeding $400,000. The regular bassa "grown man," as I thought of ithad been. Your support aids students of all ages, rural communities, 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. The busy boulevard in 1965, six lanes wide with abundant centered street lights. MEAD'S FINE BREAD COMPANY :: New Mexico (US) :: OpenCorporates Terms of Use, Site Copyright 1999-2021 by Bruce Perdue Email: WebmasterAll Rights Decided Dec. 6, 1954. The Meade's Fine Bread commercial became one of the most popular of its time.. Rehearing Denied Jan. 31, 1955. More information about this photograph can be viewed below. Some content on this site may be difficult to view. Moore v. Mead's Fine Bread Co. - Casetext Sign up for our periodic e-mail newsletter, and get news about our 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. Zoom and Pan the map as needed. Mead's Frozen Foods, Inc., was organized on September 3, 1958, by E. P. Mead and two other individuals, who were potential customers of this corporation, to engage in the manufacture and sale of frozen rolls and biscuits. Explore menu, see photos and read 622 reviews: "Very nice hidden gem. In 1960 its Oklahoma City plant was closed because of a strike and in 1962 its Jeffersonville, Indiana, plant was subject to a prolonged strike. Swipe Rechts Fr Ehemann: Eine SciFi Alien RomCom (Vandalar Konkubinen During the years in issue, the course pursued by petitioner with regard to expansion remained the same. Everyone prayed individually and out loud. Sat Mar 04 2023 at 09:00 am Reach Day. Real Good Kitchen. Service is great. Connie B. Lane and Bill O. Mead - American Society of Baking The Sahara Sands Motel (BELOW) became a Holiday Inn about 1963 (ABOVE) [4 USTC 1299] 72 F.2d 67 (C. A. D. C. 1934); cf. In our opinion, petitioner has established that, at least to some extent, it permitted its earnings and profits during this period to accumulate in order to meet the reasonable needs of its business. In the period involved herein, petitioner leased a number of warehouses or bakeries occupied by it from Mead's Industries, Inc. E. P. Mead owned 99 percent of the stock of this corporation during the period before us. Another reason was to create a reserve against losses that might be incurred in connection with possible labor disputes. February 2023 Reader Quiz: What Did You Learn? 145 L. L. MOORE, Petitioner, v. MEAD'S FINE BREAD COMPANY, a Corporation. . This loan also prohibited petitioner from acquiring any new corporations or assets by merger, or in return for the issuance of its stock. This amount would have been insufficient to enable petitioner to conduct its operations for one day. They all market their bread under the name 'Mead's Fine Bread' and promote the product through a common advertising program. We were announced in proper fashion, to a burst of enthusiastic applause, then we launched into the liveliest set we had: We Shall See the King Someday, At the Cross, Give Me That Old-time Religion, Gipsy Smiths Jesus Saves, with, you may be sure, full symphonic accompaniment. Basic information for referencing this web page. These jingles ran on Wichita Falls radio, and TV in the late 1950's and into the 1960's. Mead's Bakery was founded in 1918 by J.H. Trash Compactor Parts & Accessories. Mr. Edward W. Napier, Lubbock, Tex., for respondent. . 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. Moreover, the fact that petitioner filed its income tax returns on a consolidated basis with its subsidiary, Angus, does not affect this conclusion. Meads Quartet didnt need all that support system. sub nom. See section 1.535-3(b)(ii), Income Tax Regs. Mortgage financing could not be obtained for the installation of these special features, and petitioner found it necessary to advance to Mead Industries, Inc., approximately $80,000 for their installation.5. In 1955, petitioner had 1,037 employees. And dont laugh at the size of the check. During the years in issue petitioner spent a total of approximately $1,400,000 for additions to its existing plants and equipment. 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. Anderson's Business Law and the Legal Environment, Comprehensive Volume (23rd Edition) Moore ran a bakery in Santa Rosa, New Mexico. extended guidance on usage rights, references, copying or embedding. N. E. 8th (Amarillo Blvd.) By April 30, 1957, these increased to $250,000 and to $421,000 as of April 30, 1958. However, petitioner was able to enter the potato chip business indirectly when E. P. Mead and Ed V. Mead, on January 30, 1957, organized Mead Co., Inc.3 Mead Co., Inc. produced potato chips which it supplied to petitioner for distribution. And You Thought Feral Hogs Were Bad. This Is the Most Popular Easter Recipe from Each State 90 (1954), affd. For the Tucson plant, it had estimated construction cost of $100,000 and costs for equipping the plant of $250,000. At all times relevant hereto, it was contemplated that petitioner would acquire the stock of Mead Co., Inc., after it had either paid or refinanced the loan from Penn Mutual. a digital repository hosted by the ., We changed the opening song to the lovely old Dutch hymn We Gather Together, but we loosened up the format, so to speak, and worked in lots of things like Precious Memories as well as marching songs: Marching to Zion, Onward, Christian Soldiers, Are You Washed in the Blood, Revive Us Again. We cut big, fifteen-minute, hill-and-dale ETs (electronic transcriptions) that were shipped to three other radio stations across West Texas. sold the company to Fehrmead Food Corp., a Dallas-based holding company. Donald L. Wilson and Kenneth G. Tarlton, for the petitioner. photograph, From that time to date, their activities in this business reflect sustained growth, expansion and diversification. MOORE v. MEAD'S FINE BREAD CO | 348 U.S. 115 | U.S. | Judgment | Law Your support aids students of all ages, rural communities, . Check out our Resources for Educators Site! Amarillo Graffiti Part 2 - AmaChron These factors include petitioner's plans and efforts: (1) To acquire additional bakery plants; (2) to diversify into new fields, such as the production and wholesale distribution of potato chips, frozen baked goods and related products; (3) to purchase new equipment for its baking plants, including automated equipment for 10 of its plants; (4) to create a reserve against losses due to labor disputes; and (5) to increase its surplus to cope with the trend in the baking industry of extending more credit to customers and longer receivables. 1949 Mead's Fine Bread Encased Cent | #347059981 Jos R. Ralat is Texas Monthlys taco editor, writing about tacos and Mexican food. 5, 1963). Bill Mead Obituary (2006) - Dallas, TX - Dallas Morning News Vintage Advertising Lot; Mead's Fine Bread;Purina;Rook;Press on Tape An encased cent in n aluminum loaf of bread. Moore v. Mead's Fine Bread Company - Wikisource God Be With You Closing theme of Meads Quartet. Get free access to the complete judgment in MOORE v. MEAD'S FINE BREAD CO on CaseMine. Petitioner's total accounts receivable in 1956 were $487,000 as compared to $730,000 in 1959. Nor can it be bound by stipulations of fact which appear contrary to the facts as disclosed by the record. When the young peoples class offered special music at the little church we attended (it had no choir), I was always the bass. Lalvin EC-1118. Refrigerator Parts & Accessories. Courthouse Plaza Northeast Dayton, Ohio 45463 U.S.A. (513) 495-6323. Mead's Fine Bread Co. No. Encasements for coins take on many different shapes. 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. Section 1.537-3(b), Income Tax Regs. Mead's Fine Bread operated in Texas and New Mexico. 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. Mead's Fine Bread Co. v. Moore | Tenth Circuit | 12-11-1953 | www In 1957 and 1958 it purchased additional stock in this bank at a cost of $16,000 and $38,930. India; UK & Ireland . This He Keeps Me Singing. 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. Mead Bread? | GotMead - The Largest Collection of Mead Information In the lower-left corner of map below, select either the pin () or the box (). The cattle were sold at auction in October 1955. Bakery & Bread Shop All Sliced Bread . 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. Aside from the tenant farmer, Angus had no employee during the years in issue. [Mead's Fine Bread Company], Between May 1, 1955, and April 30, 1956, it added some 41 new delivery routes to service Oklahoma City, Ada, and Tulsa, Oklahoma. 121. These jingles ran on Wichita Falls radio, and TV in the late 1950's and into the 1960's. Mead's Bakery was founded in 1918 by J.H. In 1958, petitioner also acquired common stock in Citizens National Bank, Abilene, Texas, at a cost of $11,280.4 During the years in issue petitioner maintained a portion of its assets in the form of time deposits. per curiam [56-1 USTC 9139] 227 F.2d 779 (C. A. Messrs. Lynell G. Skarda, Dee C. Blythe, Clovis, N.M., for petitioner. Some of those which influenced petitioner's management to retain its earnings in order to be able to produce or utilize these innovations were: (1) "Brown and Serve" rolls; (2) "diet bread"; (3) "round bread"; and (4) the use of plastic "end seals" in wrapping loaves of bread. Without that $6 each week I couldnt have gone to college. Find many great new & used options and get the best deals for Vintage Advertising Lot; Mead's Fine Bread;Purina;Rook;Press on Tape and More at the best online prices at eBay! 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. 'Flaming' Spicy Black Charcoal Cheddar Cheese by Michael Lees Fine Fills my evry longing, Keeps me singing as I go. and at Hobbs, Roswell, and Clovis, New Mexico. try Mrs. Bairds. Or was that a legend? And what will be remembered of the high-flying anthems and hundred-voice-choir pieces of today? UNT's history and scholarship, library special collections, plus a The director of Meads Quartet was a big blond guy named Fred, who worked in a downtown office. Sponsored The loan agreement also prevented petitioner from acquiring any subsidiaries in addition to Mead's Angus Mesa, Inc. ; Raymond I. Smith, Inc. [Dec. 23,812], 33 T.C. The Portal to Texas History, It also distributes school and office supplies made by Mead and other companies and has . His signature on the check didnt mean that FDRs son had been born again. He controlled the station I sang for. Cf. The respondent determined deficiencies in petitioner's income tax, as follows: Respondent made a number of adjustments in petitioner's taxable income for each of the years in question, which adjustments petitioner has conceded. Citations are also linked in the body of the Featured Case. All Rights Reserved, National Bakery Associations and Resources, Baker Equipment Manufacturers and Allieds. 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. Our guide for the night met us and slipped us in through the back door, seating us on the front row of the choir. True, I had been given a work concession by Abilene Christian College, where I was enrolled, but it was for only $20, which not only didnt cover tuition but didnt cover food, shelter, clothing, or bus fare. Like most kids in that time he enjoyed fishing, playing in the creek and playing catch with his older brother, Billy B., who later played in the minor leagues. That was fabulous pay for a sixteen-year-old college freshman. about this topic here. In order to conserve working capital and to present a more favorable balance sheet, petitioner chose to occupy these buildings under leases, rather than to purchase or construct such buildings. These corporations purchase their flour and bread wrappers as a unit. Wichita Falls Texas - Good Time Childhood Memories 334. Doc admitted he had a tin ear, but since he paid the freight, his recommendation wrote the ticket. mead's fine bread jingle - parafiaklecina.pl The bakery business has been subject to dramatic innovations. Mead's Fine Bread Co. v. Moore, 208 F.2d 777, 10th Cir. (1954) The major portion of this amount consisted of $281,000 representing proceeds from the Penn Mutual loan. 4615. These controls are experimental and have not yet been optimized for user experience. 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. The Mead Corp | Encyclopedia.com On February 1, 1956, petitioner refinanced them with a $600,000 loan from The Penn Mutual Life Insurance Company (hereinafter referred to as the Penn Mutual loan). A few weeks later I joined the Navy. Petitioner's books reflected advances on open account to E. P. Mead in the amount of $17,000 as of April 30, 1958, and open account advances to Ed V. Mead in the amount of $9,607.26 as of April 30, 1956, and $8,889.62 as of April 30, 1957. Featured Shops . The amount of the receivable was paid by E. P. Mead on October 16, 1958. Historic newspapers digitized from across the Red River. Thu Mar 30 2023 at 10:30 am Mid-week S&B. Panera Bread (2516 Aloma Avenue, Winter Park, FL) . Mead's Fine Bread Company Argued: Nov. 17, 1954. Mead's Fine Bread Co. v. Moore, No. 4615. - Federal Cases - Case Law They only cut the price in Santa Rosa, but not in other Texas or New Mexico locations. 148, 99 L.Ed. MEADOWVIEW POOL CO; MEADS STEPHEN OIL CO CO; MEAD-RAYMOND CORPORATION. FunHundred! Winter Park Chamber Immersive Art Exhibit Field Trip | Mead [Mead's Fine Bread Company] - The Portal to Texas History Then pointing to section 1.537-3(b), Income Tax Regs.,11 petitioner asserts (1) that since it owned more than 80 percent of the outstanding stock in Angus, the business of Angus should be considered as petitioner's business and (2) that petitioner was entitled to utilize its earnings for the reasonable business needs of its subsidiary, which were to pay various installments of Angus' indebtedness as they became due during the years 1956 through 1958.12 It is petitioner's further contention that even if Angus were not actively engaged in a business, since petitioner filed its returns on a consolidated basis with Angus, it was, nevertheless, entitled to a consolidated accumulated earnings credit, pursuant to section 1.1502-31(a)(19), Income Tax Regs., based on the amount of its earnings retained for the reasonable needs not only of its own business, but also the reasonable needs of its affiliate, Angus. Read more ACE Newsletter "The Casement" - PDF files available, https://caselaw.findlaw.com/us-supreme-court/348/115.html.