Cabell v. Holman

This is an appeal from an order determining the amount of inheritance tax due the state from the estate of Henrietta Ellison Failing who died testate in 1931, leaving a net estate of $1,402,114.73. In her will she bequeathed $100,000 to The Portland Art Museum, a charitable institution, and made specific bequests of $100,000 to her nephew Henry F. Cabell and $66,464.50 to her sister Mary F. Failing. The residue of her estate was devised to trustees with directions to pay the entire net income thereof to her sister 69 years of age for her lifetime and at her death the trust estate was to be…