Case Name: J. P. MORGAN & CO., Inc., Leonhard A. Keyes and Mabel Satterlee Ingalls, as Executors of the Estate of Herbert Livingston Satterlee, deceased, v. The UNITED STATES
Court: United States Court of Claims
Jurisdiction: United States
Decision Date: 1956-11-07
Citations: 145 F. Supp. 927
Docket Number: No. 583-53
Parties: J. P. MORGAN & CO., Inc., Leonhard A. Keyes and Mabel Satterlee Ingalls, as Executors of the Estate of Herbert Livingston Satterlee, deceased, v. The UNITED STATES.
Judges: 
Reporter: Federal Supplement
Volume: 145
Pages: 927–932

Head Matter:
J. P. MORGAN & CO., Inc., Leonhard A. Keyes and Mabel Satterlee Ingalls, as Executors of the Estate of Herbert Livingston Satterlee, deceased, v. The UNITED STATES.
No. 583-53.
United States Court of Claims.
Nov. 7, 1956.
James H. Nichols, New York City, for plaintiffs. Satterlee, Warfield & Stephens, and J. Fearon Brown, New York City, were on the briefs.
Sheldon J. Gitelman, Washington, D. C., with whom was Asst. Atty. Gen. Charles K. Rice, for defendant. Andrew D. Sharpe, Washington, D. C., was on* the brief.
Before JONES, Chief Judge, and; LITTLETON, WHITAKER, MADDEN' and LARAMORE, Judges.

Opinion:
MADDEN, Judge.
This case is in all essential respects like Fahnestock v. United States, 95 F.Supp. 232, 119 Ct.Cl. 41. We have reconsidered our decision in that case and have considered the contrary decision of the United States Court of Appeals for the Second Circuit in Guaranty Trust Co. v. United States, 192 F.2d 164, and we adhere to our former opinion. The plaintiffs are entitled to recover, and' judgment will be entered to that effect. The amount of recovery will be determined pursuant to Rule 38(c), 28 U.S. C.A.
It is so ordered.
LARAMORE and LITTLETON, Judges, concur.