United States v. Globe Indemnity Co.

WOOLSEY, District Judge.

I shall very reluctantly direct a verdict for the plaintiff in this case.

I. This is an action brought by the government against the Globe Indemnity Company on a bond executed by that company in the sum of $75,000 as surety to secure disputed income taxes of J. A. Migel, Inc., for its fiscal year beginning December 1, 1918, and ending November 30, 1919.

The principal amount of the tax has all been paid and this suit is brought to recover interest only from November 15, 1920, the date on which the fourth installment payment became due, to wit :(1) Interest on the sum of…