US SUPREME COURT DECISIONS
UNITED STATES V. FIDELITY TRUST CO., 222 U. S. 158 (1911)
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United States v. Fidelity Trust Co., 222 U.S. 158 (1911)
United States v. Fidelity Trust Company
No. 280
Argued November 15, 1911
Decided December 4, 1911
222 U.S. 158
Syllabus
A legacy to pay over net income to the legatee in periodical payment during the legatee's life on which the legatee has received several payments of income is not a contingent beneficial interest, but a vested life estate, and taxes paid on the value of such a legacy under the War Revenue Act of June 13, 1898, c. 448, 30 Stat. 48, 464, cannot be recovered under § 3 of the Act of June 27, 1902, c. 1160, 32 Stat. 406. Vanderbilt v. Eidman, 196 U. S. 480, distinguished.
Congress will be presumed to use familiar legal expressions in their familiar legal sense.
45 Ct.Cl. 362 reversed.
The facts are stated in the opinion.
