In re Lowry's Estate
Appellate Division of the Supreme Court of the State of New York
Appeal from Order of Surrogate, Kings County. Proceedings, under the transfer tax law, relative to the estate of Joseph L. Lowry, deceased. From an order vacating a decree appraising the property and amending the appraiser’s report, the Comptroller of the State of New York appeals.
1Opinion of the CourtWillard Bartlett, J.
On the appraisal of the decedent’s real estate for the purposes of the transfer tax, its value was fixed by the appraiser at $200,000. This was the estimate given at the time by Cornelius Furgueson, one of the trustees under the will, whose testimony showed a familiarity with values, in the locality where the property is situated, sufficient to qualify him as an expert. The appraiser’s report was approved by the Surrogate’s Court on December 30, 1902. In April of the following year the decedent’s real estate in question was sold fairly and in good faith at public auction for the aggregate sum…
2Cases cited9 opinions
- Ladd v. . StevensonNew York Court of Appeals · 1889
- Matter of HendersonNew York Court of Appeals · 1898
- In re CooganNew York Supreme Court · 1899
- Matter of FlynnNew York Court of Appeals · 1892
- Morgan v. CowieAppellate Division of the Supreme Court of the State of New York · 1900
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3Cited by1 opinion
- In re Clarkson's EstateNew York Surrogate's Court · 1912