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

Doc Mead owned Mead's Fine Bread bakery, and Mead's Quartet sang on KRBC for fifteen minutes at noon on weekdays. On another occasionthe funeral of the father of a friend of mineTommy got off on the wrong key to begin with (the organist was unfamiliar with our style) and started positively whimpering instead of singing. These corporations purchase their flour and bread wrappers as a unit. 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. Here are some suggestions for what to do next. large collection of U.S. government documents. All were visually striking. These corporations maintain plants at Lubbock and Big Spring, Texas, and at Hobbs, Roswell, and Clovis, New Mexico. The related events are co-sponsored by the Fine Arts Department, the Theater and Dance Department, and the Women's and Gender Studies Department. University of North Texas Libraries, The Portal to Texas History, Business, Economics and Finance - Stores - Bakeries, 1 5, 1935), reversing a Memorandum Opinion of the Board of Tax Appeals [Dec. 8578-F]. They all market their bread under the name 'Mead's Fine Bread' and promote the product through a common advertising program. 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. Recent filings for MEAD'S FINE BREAD COMPANY 14 Jun 1960 These . 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. Get free access to the complete judgment in MEAD'S FINE BREAD CO. v. MOORE on CaseMine. Newspaper Page Text PITTSIIIJR.GR,GAZE. Rehearing Denied Jan. 31, 1955. Mead's Fine Bread Co. v. Moore, 208 F.2d 777, 10th Cir. Petitioner was engaged in a purely intrastate bakery business. Helpful links in machine-readable formats. Music has always had more effect on my emotions than the spoken word. We've created an I can feel the current moving down the line. Bakery Owners Banned From Food Industry For Horrifying Violations December 6, 1954, the United States Supreme Court found that Mead's Fine Bread was in violation 2 of the Clayton Act and 3 of the Robinson-Patman Act this was a Landmark case in interstate competition. 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. 121. 4615_1 No tags have been applied so far. There is only one bread shape that I know about and that is the Mead's Fine Bread encased. When it started I saw why. 148 99 L.Ed. We do not agree with any of petitioner's contentions relating to its advances to Angus. The best restaurants in town were located along "The Main Street of America" in the '60s. He was elected president in 1982. Book now at Grape Vine Cafe - Buffalo & Lake Mead in Las Vegas, NV. 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. Filed: 1954-01-16 Precedential Status: Precedential Citations: 208 F.2d 777 Docket: 4615_1 Swipe Rechts Fr Ehemann: Eine SciFi Alien RomCom (Vandalar Konkubinen 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. 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. Moreover, the fact that petitioner filed its income tax returns on a consolidated basis with its subsidiary, Angus, does not affect this conclusion. Lane were chairman, CEO and president of The Earthgrains Co. (previously Campbell Taggart, Inc. and today part of Bimbo Bakeries USA), Dallas, Texas. For its taxable years 1956 through 1958, it timely filed its income tax returns, prepared on the accrual method, with the district director of internal revenue at Dallas, Texas. 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. These buildings were constructed by Mead Industries, Inc., according to petitioner's exact specifications. . The company's mailing address is None Given, None Given, TX 00000. If one corporation owns the stock of another corporation and, in effect, operates the other corporation, the business of the latter corporation may be considered in substance, although not in legal form, the business of the first corporation. 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. See 348 U.S. 932, 75S.Ct. 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. 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 . 121: Decision Date: 06 December 1954: 348 U.S. 115 75 S.Ct. Respondent points to the fact that as of May 1, 1955, the date of the tax-free reorganization in which petitioner acquired the assets of the four predecessor corporations, petitioner had accumulated earnings totaling $2,058.20.8 However, the mere size of the previously accumulated earnings and profits is not indicative that they are sufficient to cover the future needs of the business. Doing business as: Mead-Raymond . ); (2) the amount of petitioner's securities investments during the years in issue (cf. We were too good. Mrs. Claude M., Baird, Texas.. MEAD'S FINE BREAD CO on CaseMine. 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. I had never taken voice lessons and did not plan on becoming a music professional, but I sang a pretty fair country bass and blended well. This truly unique cheese is made with charcoal from the Featherstone mines in Yorkshire mixed with a wonderfully creamy mature wax coated cheddar. Of the 711 students enrolled in the school, 4 had their own cars. There was a trend in the baking industry toward more credit and larger receivables. During this same period, Ed V. Mead filed joint returns with his wife, Elizabeth Mead. Count your many blessings, evry doubt will fly, And you will be singing as the days go by. Our guide whispered to us that sometimes the service went on until pretty late and we might want to leave. 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. Although we were careful to avoid any denominational taint in our music, some of the revivals at which we sang tested our religious backgrounds. William Ernest Seatree [Dec. 7413], 25 B. T. A. I had worked my way up to my own special solo, Only in Thee (Pleasures of earth, so seemingly sweet,/Fail at the last my longings to meet), when World War II broke up Meads Quartet. The boycott gave Moore a complete monopoly of the bread business in Santa Rosa. We relished these performances, since Meads bakery paid us for such off-air advertising. Bill Mack: Shamrock's Midnight Cowboy Historical Marker 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. Therefore, we conclude that the advances on open account to Angus during petitioner's taxable years 1956 through 1958 represent unreasonable accumulations of surplus. Mead's Fine Bread Company - Company Profile - Corporation Wiki Theres within my heart a melody; Jesus whispers sweet and low . My taste buds may have been a bit off, but a couple of the dishes came across as too salty or surprisingly sour to me. These loans proved unduly restrictive. An encased cent in n aluminum loaf of bread. The first and only black cheese, creamy and mature and mixed with chilli. The remaining stock in petitioner was held by other members of the Mead family during the period in question. Mead Service Co., 10 Cir., 184 F.2d 338, on appeal from a judgment of the trial court dismissing the action, . The following is a consolidated balance sheet reflecting, on a consolidated basis, the assets and liabilities of petitioner and its subsidiary, Angus, during the years before this Court. MEAD-RAYMOND CORPORATION MEAD'S FINE - Texas business directory. They have continued to increase since that time. Obverse reads: "Mead's Fine Bread" The encasement has wrapper lines on the right end to give it a 3-D look. Mead's Fine Bread Co. v. Moore AppealCourt of Appeals for the Tenth Circuit, Case No. photograph 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. Creator: Unknown. So it was an answer to prayermy mothers prayerwhen E. P. Doc Mead pulled me aside after church one Sunday and asked if I would like to sing in Meads Quartet. Mead's Fine Bread Co., 348 U.S. 115, 75 S. Ct. 148, 99 L. Ed. The consolidated accumulated earnings credit is. One by one the rest got tickled and had to drop out, the organist quit playing, and I found myself, the bass, doing a solo on Some Time Well Understand, while my bereaved friend looked on with bafflement. 1055 (1927), affd. By using this website, you are consenting to the use of cookies. In determining whether petitioner's accumulations of earnings and profits in the years before us were within the reasonable needs of its business, we first must consider whether prior accumulations were, in fact, sufficient to meet petitioner's needs during the period in issue. The Mead Bread Company maintained plants at Lubbock and Big Spring, Texas, and at Hobbs, Roswell, and Clovis, New Mexico. 13 (a), 13a and 15. Real Good Kitchen is a shared kitchen community that provides food entrepreneurs with the equipment, production space and resources they need . Researchers, educators, and students may find this photograph useful in their work. Telephone to Glory. When the case was first here, Moore v. Mead Service Co., 10 Cir., 184 F.2d 338, on appeal from a judgment of the trial court dismissing the . Helvering v. Nat. Rands, Inc. [Dec. 9491], 34 B. T. A. Petitioner and its affiliate, Angus, had gross income, cost of goods sold, operating expenses, and taxable income6 for the years in question, as follows: Petitioner retained all of its earnings during the years in issue. Donald L. Wilson and Kenneth G. Tarlton, for the petitioner. Wichita Falls News - Zan Home Page The piece has Mead's fine Bread on the front and the back is plain. . Thus, the use of such new products and devices required petitioner to spend substantial amounts for advertising and new equipment such as pans and other machinery. Petitioner's management estimated as a rule of thumb that in the acquisition of new plants it would incur losses approximately equal to acquisition cost before being able to place the new plants on a profitable basis. Petitioner was unable to borrow from banks on unsecured loans. At the time petitioner acquired the stock of Angus in connection with the May, 1, 1955, reorganization, petitioner's management decided to discontinue Angus' cattle raising activities because they constituted too great a drain on petitioner's working capital. MEAD'S FINE BREAD COMPANY :: New Mexico (US) :: OpenCorporates The acquisition of the 14 plants by the predecessor corporations between 1946 and May 1, 1955, had depleted their earnings and adversely affected their ability to add to and replace equipment during the period from 1946 to 1955. 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. Mead's Fine Bread operated in Texas and New Mexico. Order Enlightenment Wines Memento Mori Dandelion Mead 375-ml bottle online from The Lunar Inn & Tinys Bottle Shop. 190 F2d 540 Moore v. Mead Service Co | OpenJurist In order to obtain these loans, it was required (1) to give a chattel mortgage on all of its trucks and baking equipment, and (2) to agree that it would not acquire or construct any additional bakeries or related buildings or facilities without prior permission from the banks. Shortly after the May 1, 1955, reorganization, petitioner decided that Angus' cattle raising activities constituted too much of a drain on its working capital and that such activities should be terminated immediately and the cattle disposed of as soon as possible. and read 622 reviews: "Very nice hidden gem. This company was engaged in the business of manufacturing and selling bread. 7, 1935), affirming [Dec. 8135] 28 B. T. A. But it wasnt the same. More information about this photograph can be viewed below. 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. consistently emphasize the unreasonably low prices and the predatory intent of the defendants." The amount of the receivable was paid by E. P. Mead on October 16, 1958. The company used this jingle: A paper hat used by Mead's employees - "That's What I Said" "Mead's Fine Bread and Potato Chips, too" At the top is a nail file given away as a promotional item. But he was a good sport. The busy boulevard in 1965, six lanes wide with abundant centered street lights. There is no known record of who created these encasements for Meads. 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!. 297, 304 (1952), reversed on another issue [55-1 USTC 9110] 217 F.2d 329 (C. A.