UNITED STATES SUPREME COURT DECISIONS ON-LINE
SMIETANKA V. FIRST TRUST & SAVINGS BANK, 257 U. S. 602 (1922)
257 U. S. 602U.S. Supreme Court
Smietanka v. First Trust & Savings Bank, 257 U.S. 602 (1922)
Smietanka v. First Trust & Savings Bank
No. 540
Argued January 19, 1922
Decided February 27, 1922
257 U.S. 602
CERTIORARI TO THE CIRCUIT COURT OF APPEALS
FOR THE SEVENTH CIRCUIT
1. The Income Tax Act of 1913 made no provision for taxing income held and accumulated by a trustee for unborn and unascertained beneficiaries. P. 257 U. S. 605. clubjuris
2. Semble that the specific inclusion of such income by the Act of 1916 was a legislative interpretation of the earlier act as not including it. P. 257 U. S. 607.
Affirmed.