Legal Opinion
In re the Estate of Hubbard
New York Surrogate's Court
Decided March 15, 1918PublishedCited by 1 opinion
Appeal by the state comptroller from an order fixing the transfer tax.
1Opinion of the Court
Fowler, S.
The appeal of the state comptroller from the order fixing tax brings up for review the finding of the appraiser that the decedent’s interest in certain securities deposited by the firm of Thomas H. Hubbard & Co. as collateral for the payment of certain trust notes of the Pittsburgh and Shawmut Bail-road Company had no value as part of his estate, and that the market value of notes given by the Pittsburgh and Shawmut Bailroad Company to the firm of Hubbard & Co. for $2,912,000 was $1,063,340.54.
The decedent died on the 18th day of May, 1915.
The facts in relation to the securities…
2Cases cited4 opinions
- In Re the Appraisal Under the Taxable Transfer Act of the Estate of DavisNew York Court of Appeals · 1896
- In Re the Estate of WesturnNew York Court of Appeals · 1897
- In Re the Appraisal, Under the Transfer Tax Act, of the Estate of ZefitaNew York Court of Appeals · 1901
- In re the Appraisal of the Estate of SkinnerAppellate Division of the Supreme Court of the State of New York · 1905
3Cited by1 opinion
- In re the Transfer Tax upon the Estate of HubbardAppellate Division of the Supreme Court of the State of New York · 1922