Rex's Estate

Holland, P. J.,

— The appeal from the appraisement of decedent’s estate for Pennsylvania transfer inheritance tax was filed because a deduction was disallowed.

The facts have been stipulated by counsel, and are as follows: Decedent died on November 18,1941. Letters of administration c. t. a. were granted to his wife, *444Clara E. B. Rex. She is also the sole residuary legatee under his will and the appellant here.

On February 5,1941, decedent and his wife executed and delivered to Montgomery National Bank, of Norristown, their joint and several collateral note, for $10,000, payable on demand. There…