Stripe v. United States, 269 U.S. 503 (1926)

U.S. Supreme Court

Stripe v. United States

No. 496

Submitted November 23, 1925

Decided January 11, 1926

269 U.S. 503

Syllabus

Decided upon the authority of Price v. United States, ante, p. 269 U. S. 492, 6 F.2d 752, affirmed.

U.S. Supreme Court

Stripe v. United States

No. 496

Submitted November 23, 1925

Decided January 11, 1926

269 U.S. 503

CERTIORARI TO THE CIRCUIT COURT OF APPEALS

FOR THE SECOND CIRCUIT

Syllabus

Decided upon the authority of Price v. United States, ante, p. 269 U. S. 492, 6 F.2d 752, affirmed.

MR. JUSTICE BUTLER delivered the opinion of the Court.

In this case, there is presented the question whether, in the distribution of the assets of Johnson Shipyards Corporation among its creditors by receivers appointed in an equity suit, the United States, under R.S. § 3466, is entitled to have its claim against the corporation for taxes first satisfied. The facts (300 F. 952) are in all respects similar to those in Price v. United States, ante, p. 269 U. S. 492. The question of law involved is identical. The United States is entitled to priority.

Decree affirmed.