[Letter from R. I. Mehan to Mrs. N. Hartung, March 4, 1957] Page: 1 of 2
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March 4, 19S7
Mrs. N. Hartung
American Indemnity Company
2328 Avenue B
Galveston, Texas
Dear Mrs. Hartung:
Agreeable with your request, original and two copies of
Form l04l, U. S. Fiduciary Income Tax Return covering income of
the Mollie L. Kraus Residuary Trust, together with schedules,
have been prepared and are enclosed, accompanied by the various
documents and papers earlier submitted.
"Mollie L. Kraus Residuary Trust" would appear to be the
correct name for this Trust, particularly since it is practically
so designated in the Will of Mrs. Kraus. However, should there be
sound reason for use of another name, the name may be changed.
When filing this non-taxable return at Austin, you should
send with it a photo-copy of the Will of Mrs. Kraus, so that data
as to the creation of the Trust may be available there.
While the full amount of the income from this Trust is
properly taxable to and reportable by Mrs. Seinsheimer, division
of such income should be made in accord with Schedule C of the
Trust return, and the several segments of such income reported
under the appropriate captions or schedules of her individual
return, to enable her to secure the benefit of Capital Gains and
Dividend Credit treatment.
The language of the several related clauses in the Will
of Mrs . Kraus indicates that the full net income of the Trust is
to be distributed to Mrs. Seinsheimer at least annually, hence
retention of and payment of the tax upon any part of the income
by the Trust seems interdicted.
Believing you will find the return as prepared in order,
Yours very truly,
55
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Mehan, R. I. [Letter from R. I. Mehan to Mrs. N. Hartung, March 4, 1957], letter, March 4, 1957; (https://texashistory.unt.edu/ark:/67531/metapth1476850/m1/1/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Rosenberg Library.