In re the Estate of Lincoln

Cohalan, S.

This appeal is taken by the executors of decedent’s estate from the order fixing the transfer tax on the ground that his interest in the copartnership of Gatlin & Co. has been appraised in the report in excess of its true value.

The sum found by the appraiser as the amount due decedent from the firm was $841,844.96, to which has been added interest from July 1, 1917, to September 2,1917, the date of decedent’s death.

The copartnership agreement provided that the money standing in the name of a copartner would be credited on the first days of January and July in each year. The…