In re the Estate of Bebden

Heaton, S.

This is an appeal from an. order determining that the estate of Joseph W. Burden, deceased, was not subject to m transfer tax. On this appeal additional facts have been presented which were not presented to the appraiser, the parties, in this proceeding having stipulated as to all the facts.

Joseph W. Burden, at the time of his death, was a non-resident of the State of Hew York. He had a speculative stock account with brokers in the city of Hew York and. on the day of his death owed said brokers $248,328.42 for stocks and bonds purchased by them for him with their own money, which…