Union County Trust Co. v. Martin

Buchanan, Vice-Obdinaby.

A transfer inheritance tax of $75,816.29 was assessed by the commissioner (under P. L. 1909, ch. 228, as amended P. L. 1922, ch. 174), in respect of a legacy given by the will of Elizabeth Rodman Voorhees, deceased, to the New Jersey College for Women at New Brunswick. Petitioners contend that the transfer by the legacy in question is exempt from taxation by virtue of the amending statute, P. L. 1925, ch. 102, which provides:

“1. In addition to the property now exempt from taxation under the act to which this is a supplement, there shall be exempted property passing by…