Legal Opinion
In re Kane
Appellate Division of the Supreme Court of the State of New York
Decided November 9, 1926PublishedCited by 1 opinion
1Opinion of the CourtTaylor, J.
In 1908, 150 shares of the common stock of the American Laundry Machine Company were issued to John Kane and Zetta Kane, his wife. Nothing occurred at that time to indicate an intention to create a joint tenancy; therefore, the shares of stock were then taken and held in common. (Matter of Albrecht, 136 N. Y. 91; Matter of Kaupper, 141 App. Div. 54; affd., 201 N. Y. 534.) There is testimony that the wife paid two hundred dollars toward the purchase price of these shares, thus accounting for four shares of the value of fifty dollars each. However, this is in doubt and is unimportant, in view…
2Cases cited7 opinions
- In Re the Appraisal Under the Taxable Transfer Act of the Estate of DavisNew York Court of Appeals · 1896
- In Re the Final Accounting of Executors of AlbrechtNew York Court of Appeals · 1892
- In re the Judicial Settlement of the Account of KaupperAppellate Division of the Supreme Court of the State of New York · 1910
- In re EdsonAppellate Division of the Supreme Court of the State of New York · 1899
- In re the Transfer Tax Upon the Estate of CossittAppellate Division of the Supreme Court of the State of New York · 1923
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3Cited by1 opinion
- Estate of RathCalifornia Supreme Court · 1937