35 F.2d 968 (1925) WILLIAM S. GRAY & CO. v. UNITED STATES. No. E-182. Court of Claims. December 2, 1925. *969 *970 *971 *972 Robt. H. Montgomery, of Washington, D. C., for claimant. Before BOOTH, Chief Justice, and GRAHAM and GREEN, Judges. GRAHAM, Judge. The question involved is whether certain sums paid to the executive officers of the petitioner corporation and made up in part of fixed salaries and in part of percentages of net earnings, and *973 deducted as ordinary and necessary expenses...
