FIRST NAT. BANK & TRUST CO. OF TULSA
v.
JONES, Collector of Internal Revenue.
Circuit Court of Appeals, Tenth Circuit.https://leagle.com/images/logo.png
July 6, 1944.
July 6, 1944.
Attorney(s) appearing for the Case
Benjamin C. Conner, of Tulsa, Okl. (John M. Winters, Jr., of Tulsa, Okl., on the brief), for appellant.
L. W. Post, Sp. Asst. to Atty. Gen. (Samuel O. Clark, Jr., Asst. Atty. Gen., Sewall Key, A. F. Prescott, and Lester L. Gibson, Sp. Assts. to Atty. Gen., and Charles E. Dierker, U. S. Atty., of Oklahoma City, Okl., on the brief), for appellee.
Before PHILLIPS, BRATTON, and MURRAH, Circuit Judges.
Circuit Court of Appeals, Tenth Circuit.
PHILLIPS, Circuit Judge.
The First National Bank and Trust Company of Tulsa1 is a national banking association. During the years 1933, 1934, and 1935, H. C. Tyrrell was indebted to it in approximately the sum of $300,000. He had assigned to the Bank certain policies of insurance on his life to secure such indebtedness. In 1933, the Bank paid premiums on such policies aggregating $4,771.75. Tyrrell gave his notes to the Bank in the amount...
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