NATIONAL BANK OF COMMERCE IN MEMPHIS v. HENSLEE

Civ. A. No. 2090.

179 F.Supp. 346 (1959)

NATIONAL BANK OF COMMERCE IN MEMPHIS, as Executor of the Estate of Frederick Smith, Deceased, Plaintiff, v. Lipe HENSLEE, Individually and as Collector of Internal Revenue for the District of Tennessee, Defendant.

United States District Court M. D. Tennessee, Nashville Division.

October 22, 1959.


Attorney(s) appearing for the Case

W. G. Boone, Memphis, Tenn., for plaintiff.

Charles K. Rice, Asst. Atty. Gen., Fred Elledge, Jr., U. S. Dist. Atty., Nashville, Tenn., for the Government.


WILLIAM E. MILLER, District Judge.

This is an action by the executor of the estate of Frederick Smith to recover $68,119.72, with interest, representing estate taxes paid by the estate to defendant. In issue is the includibility of a trust, hereinafter described as the Laura Ann Smith Trust, within the gross estate of Frederick Smith, deceased, for federal estate tax purposes.

The pertinent facts have been stipulated and may be summarized as follows:

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