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MEISSNER v. UNITED STATES

No. 232-63.

364 F.2d 409 (1966)

Edna Rice MEISSNER, Dorothy M. Freeman, and Edwin B. Meissner, Jr., Executors of the Estate of Edwin B. Meissner, Deceased, v. The UNITED STATES.

United States Court of Claims.

July 15, 1966.

Attorney(s) appearing for the Case

Henry C. Lowenhaupt, St. Louis, Mo., attorney of record, for plaintiffs. Lowenhaupt, Chasnoff, Freeman & Holland, St. Louis, Mo., of counsel.

Mitchell Samuelson, Washington, D.C., with whom was Asst. Atty. Gen. Mitchell Rogovin, for defendant. Lyle M. Turner and Philip R. Miller, Washington, D.C., of counsel.

Before COWEN, Chief Judge, and LARAMORE, DURFEE, DAVIS and COLLINS, Judges.

LARAMORE, Judge.

Plaintiffs are executors of the estate of Edwin B. Meissner who died on September 10, 1956, a resident of St. Louis, Missouri. Prior to June 1, 1951, the decedent had owned for more than six months 82,347 shares of St. Louis Car Company common stock. He sold this holding on June 1, 1951 for $4,940,820, payable in installments from June 15, 1951 through June 18, 1976. The initial payments totaled less than 30 percent of the selling price. The decedent...

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