First National Bank v. United States

*1120FINDINGS OF FACT AND CONCLUSIONS OF LAW

ROBERTS, District Judge.

This action was submitted to the Court on an agreed stipulation of facts, depositions, briefs and the oral arguments of counsel. After having considered the evidence and arguments of counsel, the Court makes findings of fact and conclusions of law as follows:

FINDINGS OF FACT

1. The Waco Memorial Park, Incorporated, is a Texas corporation which owns and operates a cemetery just south of Waco, Texas. This cemetery is operated for profit. The corporation was formed July 31, 1947.

2. The First National Bank of Waco is trustee of a trust…