ELKHART, IND.-The Internal Revenue Service raised $326,000 from the Dec. 14 auction of assets owned by companies based in Elkhart and operated by Carl W. Cooke. Martha Havener, who spoke for the IRS, said proceeds from the sale will be used to pay part of the nearly $500,000 in back taxes Cooke allegedly owes the government.
Separately, Havener said the IRS on Dec. 10 seized a patent owned by Cooke, and will sell that in a sealed bid sale. Bids on the patent will be opened at the IRS office in Elkhart at 2 p.m. Jan. 19.
The patent was issued in 1988 for a child-resistant closure for pharmaceutical and other bottles.
Information on the patent auction is available from the Indianapolis IRS office.
At the Dec. 14 auction, Clarke Container Division of Protective Closures Co. Inc. of Buffalo, N.Y., purchased prescription vial molds the IRS had seized from CWC-Medvial Inc., a Cooke company.
Cooke also was a principal in Child Safety Science, a former Holtsville, N.Y., company.