Brone Estate

Gearhart, P. J.,. . . Simon S. Brone died June 15, 1955, owning an undivided one-half interest in premises 1616 Chestnut Street, Philadelphia. Under the will of his wife, Fay R. Brone, he had a life interest in the other half. The Commonwealth’s appraiser valued each half interest at $95,000 and it was from this appraisement that the parties have taken the appeals. An extensive hearing was held in the matter. At the conclusion of the hearing with the testimony of the witnesses fresh in mind, the court found as a fact that the fair and conscionable value for the undivided one-half interest in…