Coursey v. Hanover Bank

Upon a special case stated, the Circuit Court for Queen Anne’s County, Maryland, in equity, decreed that no in-inheritance tax was payable to the State of Maryland upon certain devises and bequests to Whitehall Foundation, Inc., á corporation of the State of New Jersey, in the will of George M. Moffett, deceased. The question presented on appeal is whether the corporation is entitled, under the agreed facts, to the exemption allowed by Code (1951), Art. 81, sec. 149. This section exempts from the Maryland collateral inheritance tax, property passing “to or for the use of a corporation, trust…