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MOUNT VERNON MORTGAGE CORPORATION v. UNITED STATES

Nos. 12705, 12707.

236 F.2d 724 (1956)

MOUNT VERNON MORTGAGE CORPORATION et al., Appellants, v. The UNITED STATES as Parens Patriae, by its ATTORNEY GENERAL, et al., Appellees. NATIONAL HOME LIBRARY FOUNDATION and Fannie Sessions Mittell, Appellants, v. The UNITED STATES as Parens Patriae, by its ATTORNEY GENERAL, et al., Appellees.

United States Court of Appeals District of Columbia Circuit.

Decided July 5, 1956.

Petitions for Rehearing Denied September 11, 1956.

Attorney(s) appearing for the Case

Mr. Louis M. Denit, Washington, D. C., with whom Messrs. Thomas S. Jackson, Martin R. Fain, and Richard A. Bishop, Washington, D. C., were on the brief, for Mount Vernon Mortgage Corp., et al.

Mr. Warren E. Magee, Washington, D. C., with whom Mr. William J. Bulow, Jr., Washington, D. C., was on the brief, for Nat. Home Library Foundation and Fannie Sessions Mittell.

Mr. Morton Hollander, Atty., Dept. of Justice, with whom Mr. Leo A. Rover, U. S. Atty., at the time brief was filed, and Messrs. Samuel D. Slade and Richard M. Markus, Attys., Dept. of Justice, were on the brief, for appellees. Mr. Lewis Carroll, Asst. U. S. Atty., also entered an appearance for appellees.

Before EDGERTON, Chief Judge, and BAZELON and BASTIAN, Circuit Judges.

Petitions for Rehearing In Banc Denied September 11, 1956.

EDGERTON, Chief Judge.

The United States as parens patriae sues to rescind certain transfers of shares of stock in the Longfellow Building Corporation. The transfers were made by trustees of the National Home Library Foundation, a charitable corporation organized in the District of Columbia. From a judgment in favor of the United States for some of...

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