# Associated Electric Co. v. United States

> United States Court of Claims · June 6, 1951 · 97 F. Supp. 821

URL: https://www.frixlaw.com/law-library/cases/8590144

## Case

- **Full name:** ASSOCIATED ELECTRIC COMPANY v. United States
- **Court:** United States Court of Claims
- **Decided:** June 6, 1951
- **Citations:** 97 F. Supp. 821; 119 Ct. Cl. 675
- **Precedential status:** Published
- **Opinion:** Dissent by Whitaker
- **Judges:** Gmef, Howemi, Jones, Littleton, Madden, Whitaker
- **Cited by:** 3 later opinions in the Frix Law Library

## Citator (automated)

- No negative treatment found by the automated citator. That is not the same as a confirmation that the case is good law; read the citing cases.
- Full citator and citing cases: https://www.frixlaw.com/law-library/cases/8590144

## Opinion text

Whitaker, Judge,
dissenting:
Plaintiff was a holding company. Its entire operations consisted of holding and dealing in the stocks of other companies. Its stock in trade was the stock of other companies. Its income was derived altogether from such activities. Under such circumstances, at least, I think profits derived from, a sale/of stock in ,one of its subsidiaries is “earned, income.”

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Source: Frix Law Library, https://www.frixlaw.com/law-library/cases/8590144. Public record. Not legal advice.