Opinion
No. 496.
Submitted November 23, 1925. Decided January 11, 1926.
Decided upon the authority of Price v. United States, ante, p. 492, 6 F.2d 752, affirmed.
Messrs. Ben. A. Matthews and Harold Harper, for petitioners.
Solicitor General Mitchell and Messrs. Jerome Michael, Henry Gale, and Ralph F. Fuchs, Special Assistants to the Attorney General, for the United States.
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. 492. The question of law involved is identical. The United States is entitled to priority.
Decree affirmed.