CENTRAL FARMERS' TRUST CO. v. LARSON

No. 133-M.

7 F.Supp. 728 (1934)

CENTRAL FARMERS' TRUST CO. v. LARSON, Collector of Internal Revenue.

District Court, S. D. Florida.

March 20, 1934.


Attorney(s) appearing for the Case

Houser & Wood, of West Palm Beach, Fla., for plaintiff.

John W. Holland, U. S. Dist. Atty., of Jacksonville, Fla., and Raymond F. Brown, Sp. Asst. to Atty. Gen., for defendant.


RITTER, District Judge.

W. H. De Camara made his life insurance policy payable to his estate. By will he disposed of his estate, including the proceeds of the life insurance policy. The will, copy of which is attached to the bill, provides as the second item: "All my just debts and obligations of every character must be paid in full at the earliest possible date."

Thereafter, in the fourth item of the will, he creates a trust of the balance remaining in favor...

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