Bugbee v. Board of Home Missions of the Presbyterian Church

The question involved in these cases is whether the several gifts of William E. Honeyman during his life are taxable under section 1, subdivision 3 of the Transfer Inheritance Tax act. 4 Comp. Stat. of N. J., p. 5301; as amended, 2 Cum,. Supp., p. 3573.

Five years before the death of William E. Honeyman he gave and transferred to each defendant the aggregate sum of $0,000 each in three separate amounts and transactions, and on separate dates covering a period of two months. On an appeal from the assessments, the cases were heard by Vice Ordinary Buchanan; he advised a decree that the…