MYERS v. UNITED STATES

Civ. A. No. 2194.

140 F.Supp. 543 (1952)

Louis R. MYERS, A. T. Cotham and Terrel Spencer, as Trustees for Monticello Cotton Mills Company, Dissolved, Plaintiffs, v. The UNITED STATES of America.

United States District Court E. D. Arkansas, W. D.

January 7, 1952.


Attorney(s) appearing for the Case

J. G. Williamson, Little Rock, Ark., for plaintiff.

James T. Gooch, U. S. Atty., East. Dist. of Arkansas, Arkadelphia, Ark., Gerland P. Patten, Asst. U. S. Atty., East. Dist. of Ark., Little Rock, Ark., R. D. Smith, Jr., Asst. U. S. Atty., East. Dist. of Ark., Marianna, Ark., and Lester Gibson, Asst. U. S. Atty. Gen., Paul T. Donaho, Asst. U. S. Atty. Gen., for defendant.


TRIMBLE, District Judge.

Findings of Fact.

1. The plaintiffs are trustees for Monticello Cotton Mills Company, Dissolved, and as such are authorized to maintain this action on behalf of that company.

2. On October 1, 1945, the company sold its fixed assets, goods in process and supplies to another corporation, and thereafter ceased to manufacture cotton cloth.

3. After the sale the company continued in existence for the purpose of winding...

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