In re the Estate of Odell

Foley, S.

The executor moves to vacate the order fixing the transfer tax made the 18th day of February, 1921, under section 225 of the Tax Law. The motion was made just before the expiration of the two-year period during which the surrogate is authorized to modify or reverse such an order. The application is denied.

The executor claims that the real estate owned by the deceased was burdened by certain leases" and for that reason the original valuation should be reduced by the sum of $38,156. An examination of the papers filed upon the original appraisal shows that the appraiser accepted the…