The People v. First National Bank

Appellants by this direct appeal seek the reversal of a judgment of the county court of DuPage county assessing an inheritance tax of $122,570 against them, as trustees of the Farm Foundation, upon the bequest of $500,000 given to them in trust for charitable purposes under the sixth clause of the will of Alexander Legge, deceased. On March 6, 1935, the county judge of said county, acting under the statute, approved the report of the inheritance tax appraiser in said estate and entered an order fixing the tax payable to the State of Illinois by the beneficiaries trader the will of the…