GUARANTY TRUST CO. OF NEW YORK v. UNITED STATES


95 F.Supp. 776 (1950)

GUARANTY TRUST CO. OF NEW YORK v. UNITED STATES.

United States District Court S. D. New York.

November 29, 1950.


Attorney(s) appearing for the Case

Shearman & Sterling & Wright, New York City (Charles Goodwin, Jr., New York City, of counsel), for plaintiff.

Irving H. Saypol, U. S. Atty., New York City, John M. Cunneen, Asst. U. S. Atty., New York City, for United States.


GODDARD, District Judge.

Motion for summary judgment.

This is a suit for the recovery of interest on an alleged overpayment of Federal estate tax.

The material facts are not in dispute. Grayson M-P. Murphy died a resident of New York State on October 18, 1937. In 1938, plaintiff, executor of the estate of decedent Murphy, deposited $9,119.07 with the New York State Tax Commission on account of New York estate tax that was not yet assessed. This deposit...

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