DOUGLAS v. WILLCUTS

No. 1.

296 U.S. 1 (1935)

DOUGLAS v. WILLCUTS, COLLECTOR OF INTERNAL REVENUE.

Supreme Court of United States.

Decided November 11, 1935.


Attorney(s) appearing for the Case

Mr. Leland W. Scott, with whom Mr. Clark R. Fletcher was on the brief, for petitioner.

Assistant Attorney General Wideman, with whom Solicitor General Reed and Messrs. Sewall Key, Norman D. Keller, and Arnold Raum were on the brief, for respondent.


MR. CHIEF JUSTICE HUGHES delivered the opinion of the Court.

On September 12, 1923, petitioner, Edward B. Douglas, entered into an agreement with his wife and the Minneapolis Trust Company, by which he transferred securities in trust for his wife's benefit. Out of the income of the trust estate the trustee was to pay Mrs. Douglas annually the sum of $15,000, up to November 6, 1927, and thereafter $21,000. Deficiencies were...

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