Central States Life Ins. v. Sheehan

COLLET, District Judge.

This is an action to recover documentary taxes paid by plaintiff under protest. The defendant is Collector of Internal Revenue. Claim for refund was duly made and denied. The cause was submitted to the Court upon facts concerning which there is no dispute.

Plaintiff is an insurance company. Prior to January 1, 1934, it became the owner of •real estate located in the City of St. Louis, Missouri, known as the Kinloch Building.At the time of the acquisition of this property by plaintiff there was an outstanding mortgage against the property securing an issue of bonds…