Business & Finance: Dorrance, Death & Taxes

In Delaware County Orphans Court at Media, Pa. last week was tried the Commonwealth of Pennsylvania's suit to collect $31,465,200 inheritance taxes from the estate of the late Dr. John Thompson Dorrance, founder and 94% owner of Campbell Soup Co. The Commonwealth, which appraises the estate at $200,000,000. contends that Dr. Dorrance's real home was his estate Woodcrest, at Radnor, Delaware County, which he acquired in 1925. The doctor's widow, Mrs. Ethel Mallinckrodt Dorrance, his brothers Dr. George Morris and Arthur C. (respectively chairman of the board and president of the Campbell...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!