Thursday, March 20, 2008

Abbey, Sound Plastics Tax Lawsuit

In 1951 Norm was a member of the Audio Engineers Society:
http://www.aes.org/aeshc/docs/aes-members-1951.pdf
JACOBOWITZ. NORMAN B. (M). Chief Engineer. Abbey
Record Corp., 70 Fleet St., Jersey City 6. N. J..
DIgby 9-1392; 278 Van Nostrand Ave., Englewood. N.J.,
ENglewood 3-0180


http://altlaw.org/v1/cases/842625

Ira reflects:
I barely remember Sound Plastics, but have a clear recollection of the tax dispute and Norm's anger over what F&G were pulling. The case angered him in a way I had never seen, although it was still Norm's mild mannered reaction. He said it cost him $50k to prove he didn't owe the taxes.
He had a lawyer, but I can't remember his name - you might. It was the tax dispute that soured Norm on continuing to own Oak Street, and property in general. He sold the Tenafly home as a result of his monetary losses, moved to Tiburon, and didn't buy again until they moved to Pacifica. It's quite revealing to see Norm was completely right in his assessment and encouraging to know he was vindicated.


Google Search:


  • 352 F2d 466 Foxman v. Commissioner of Internal Revenue ...

    openjurist.org/352/f2d/466/foxman-v-commissioner-of-internal-revenue

    Sidney L. Cramoy, New York City, for Norman and Laura Jacobowitz. ... was then trading under the name of Abbey Record Manufacturing Company, hereinafter  ...
  • 352 F.2d 466

    https://law.resource.org/pub/us/.../352.F2d.466.14981.15059.15061.htm...

    Sidney L. Cramoy, New York City, for Norman and Laura Jacobowitz. ... was then trading under the name of Abbey Record Manufacturing Company, hereinafter  ...
  • FOXMAN v. COMMISSIONER | Leagle.com

    leagle.com/decision/...1526.../FOXMAN%20v.%20COMMISSIONER

    Prior to 1954, Abbey Record Manufacturing Co. was a partnership composed ... day of May 1957, between NORMAN B. JACOBOWITZ, hereinafter referred to as  ...
  • [PDF]

  • http://davelindastourdefrance.blogspot.com/2007/12/horace-grennell.html

  • http://www.discogs.com/label/547466-Abbey-Record-Manufacturing-Co-Inc
    Early in 1954 the partners agreed to enter the business of manufacturing 12-inch long playing records, known as LPs. A related venture commenced by Jacobowitz, Foxman, and Grenell (Horace Grenell), individually, was represented by Sound Plastics, Inc., a corporation in which each owned one-third of the stock; it was engaged in the business of manufacturing "biscuits" or vinyl forms used in the making of records.

    Abbey Record Manufacturing Co., Inc.

    Profile:
    Defunct pressing plant located in New Jersey. Pressed for labels such as: ElektraAmerican Recording SocietyMusic Treasures Of The WorldPrestige etc.
    Founded 1948.
    Abbey Record Manufacturing Co. was a partnership composed of Norman B. and Laura Jacobowitz and two associates, engaged in the business of custom manufacturing of phonograph records. Prior to 1954 the partnership, manufactured primarily 10-inch 78 r.p.m. records on contract for various companies. Early in 1954 the partners agreed to enter the business of manufacturing 12-inch long playing records, known as LPs. A related venture commenced by Jacobowitz, Foxman, and Grenell (Horace Grenell), individually, was represented by Sound Plastics, Inc., a corporation in which each owned one-third of the stock; it was engaged in the business of manufacturing "biscuits" or vinyl forms used in the making of records.More 
    Contact Info:

    1 Central Avenue
    East Newark, NJ

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