In re Bach's Estate
New York Surrogate's Court
In the matter of the estate of Sigmund J. Bach; Appeal from the appraisal for the transfer tax. Appraiser’s report remitted to him for correction.
1Opinion of the Court
FOWLER, S.
Decedent died in November, 1909, a resident of the county of New York. At the time of his death he owned 1,278 shares of the preferred and 1,060 shares of the common stock of Semon, Bach & Co. These holdings represented a majority interest in the corporation. In the affidavit of assets submitted , to the appraiser by the executor of the estate the value of the common stock was given at $35 per share.
[1 2] The expert accountant employed by the State Comptroller, after a thorough examination of the books of the company, submitted a statement showing that the intrinsic value of the…
2Cases cited2 opinions
- In re the Appraisal of the Estate of CurticeAppellate Division of the Supreme Court of the State of New York · 1906
- In re the Reappraisal under the Transfer Tax Act of the Estate of SmithAppellate Division of the Supreme Court of the State of New York · 1902
3Cited by1 opinion
- In re Crerand's EstateNew York Surrogate's Court · 1914