Estate of Julius B. Cronheim, Deceased, Richard B. Cronheim, and Emily F. Cronheim v. Commissioner of Internal Revenue

MATTHES, Circuit Judge.

As in United States v. Frankel, 8 Cir., 302 F.2d 666 (1962), cert. denied, 371 U.S. 903, 83 S.Ct 208, 9 L.Ed.2d 165 (1962), and Estate of Olsen v. Commissioner, 8 Cir., 302 F.2d 671 (1962), cert. denied, 371 U.S. 903, 83 S.Ct. 208, 9 L.Ed.2d 165 (1962), we again have occasion to consider the treatment for tax purposes to be accorded a payment to the widow of a deceased former executive of a corporation. Specifically, the question here presented is whether the payments aggregating $23,853.87 made by Fulton Bag & Cotton Mills (Fulton) to Emily F. Cronheim (widow) in 1955…