WILLIAMS INV. CO. v. UNITED STATES

L-307.

3 F.Supp. 225 (1933)

WILLIAMS INV. CO. v. UNITED STATES.

Court of Claims.

April 10, 1933.


Attorney(s) appearing for the Case

Edwin S. Mack and Frederic Sammond, both of Milwaukee, Wis., and Paul F. Myers, of Washington, D. C. (Miller, Mack & Fairchild, of Milwaukee, Wis., and Williams, Myers & Quiggle, of Washington, D. C., on the brief), for plaintiff.

Charles B. Rugg, Asst. Atty. Gen. (George H. Foster, of Washington, D. C., on the brief), for the United States.

Before LITTLETON, WILLIAMS, WHALEY, and GREEN, Judges.


LITTLETON, Judge.

Plaintiff was organized in October, 1922, a short time before the extra dividend of $500,000 was declared and paid by the Journal Company of which L. W. Neiman was the principal stockholder. Plaintiff received Nieman's share of the dividend of $142,000 in 1922, and it received further dividends declared and paid upon the stock of the Journal Company of $163,000 in 1923, $26,000 in 1924, $163,000 in 1925, $300,000 in 1926, and $400,000 in 1927. It...

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