CENTRAL HANOVER BANK & TRUST CO. v. UNITED STATES

No. 169, Docket 20469.

163 F.2d 60 (1947)

CENTRAL HANOVER BANK & TRUST CO. v. UNITED STATES.

Circuit Court of Appeals, Second Circuit.

July 24, 1947.


Attorney(s) appearing for the Case

John F. X. McGohey, U. S. Atty., of New York City, (Samuel Rudykoff, Asst. U. S. Atty., of New York City, of counsel), for defendant-appellant.

Barr, Robbins & Palmer, of New York City (William G. Barr and John R. Conley, both of New York City, of counsel), for plaintiff-appellee.

Before L. HAND, AUGUSTUS N. HAND, and FRANK, Circuit Judges.


AUGUSTUS N. HAND, Circuit Judge.

The decedent, Harriette M. Arnold, died a resident of the City of New York leaving a will under which the plaintiff Central Hanover Bank and Trust Company became the executor. Prior to 1935 the decedent had acquired 6,490 shares of Electric Bond & Share Company at an aggregate cost of $426,976.01. No additional shares of that stock were acquired by said decedent in 1935 or 1936.

On or about February 2, 1925, plaintiff's...

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