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FERRIS v. UNITED STATES

No. 182-52.

135 F.Supp. 286 (1955)

George F. FERRIS v. The UNITED STATES.

United States Court of Claims.

November 8, 1955.

Attorney(s) appearing for the Case

Richard O'C. Kehoe, Utica, N. Y., for plaintiff. Ferris & Kehoe, Utica, N. Y., were on the brief.

H. S. Fessenden, Washington, D. C., with whom was Asst. Atty. Gen., H. Brian Holland, for defendant. Andrew D. Sharpe and Ellis N. Slack, Washington, D. C., were on the brief.

Before JONES, Chief Judge, and LITTLETON, WHITAKER, MADDEN and LARAMORE, Judges.

MADDEN, Judge.

The plaintiff has been, since September 1940, president and a director of The Matheson Company, Inc., hereinafter called Matheson. Earlier in 1940 the Interim Corporation, which had been formed by the plaintiff and other persons, bought all the outstanding stock of Matheson. Interim then merged with Matheson and adopted the Matheson name for the corporation which resulted from the merger.

In the formation of the Interim Corporation, 400 shares...

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