Opinion
No. 517, Docket 33613.
Argued April 20, 1970.
Decided May 5, 1970.
Charles H. Tuttle, New York City (Breed, Abbott Morgan, Edward J. Ross and Miriam C. Feigelson, New York City, of counsel), for appellants.
Ronald R. Glancz, Atty., Dept. of Justice, Washington, D.C. (William D. Ruckelshaus, Asst. Atty. Gen., Alan S. Rosenthal, Atty., Dept. of Justice, Washington, D.C., of counsel), for appellee.
The decision of the Tax Court, holding (1) the provisions of the Renegotiation Act of 1951, as amended (50 U.S.C. App. § 1211 et seq.) to be applicable to excessive profits realized under a Capehart Act housing contract ( 42 U.S.C. § 1594-1594k ; 12 U.S.C. § 1748-1748h-3) and (2) such application to be constitutional, is affirmed on the opinion of Judge Mulroney, reported at 51 T.C. No. 89 (March 4, 1969).