Union Planters Nat. Bank & Trust Co. v. Beeler

The complainant, as administrator of Jno. R. Collins, deceased, a resident of this state, received income from shares of stock belonging to the estate in the year 1935, taxable nnder the Hall Income Tax Law, chapter 20, Public Acts Second Extra Session of 1931. Because beneficiaries of the estate are nonresidents, it was insisted that the income was not taxable. The bill was filed under the Declaratory Judgments Act to determine whether the income from such stocks in the hands of the administrator is taxable under the act.

Mrs. Belle Rosenthal, executrix of the estate of her husband, Mitchell…