In re the Appraisal under the Acts in Relation to the Taxable Transfer of the Property of the Estate of Hendrickson

Ketcham, S.

Upon the appeal from the order fixing the transfer tax, construction is necessary of the following paragraphs of the will of decedent:

“ Seventh. I give and bequeath to the Franklin Trust Company and to Edward Hanbury, of Brooklyn, New York, my horses, jewelry, wearing apparel, personal effects and household furniture, directing them to have my horses killed immediately following my death, and to distribute my jewelry, wearing apparel, personal effects and household furniture in accordance with my wishes as expressed in memoranda and instructions left with Edward Hanbury.

“ Eighth.…