Cooke v. United States

McLAUGHLIN, Chief Judge.

These four cases were consolidated because identical issues arise, out of the fact that gifts of shares of stock in C. M. Cooke, Ltd. were made to the various plaintiffs in 1935. The nature of the interest of each plaintiff is determined by a deed of gift, all being substantially similar in form, but executed by different donors to the several plaintiffs, and differing in that the number of shares given to each donee was not the same. The corporation dissolved in December of 1942, having as its assets stoclt in various Hawaiian corporations. On dissolution the assets…