Griswold v. United States

FORD, District Judge.

This is a suit for the recovery of taxes assessed against the Massachusetts Investors Trust (hereinafter called the Trust) for the years 1936, 1937, and 1938, under Title IX of the Social Security Act (hereinafter referred to as the Act). C. 531, 49 Stat. 620-648, 42 U.S.C.A. §§ 301-1305. The applicable provisions of the Act will be found in the margin.1

Findings of Fact.

The facts, for the most part, have been stipulated and are as follows:

The individual plaintiffs are the trustees provided for under an Agreement and Declaration of Trust dated March 21, 1924, as amended.…