In re the Estate of Cash

Cohalan, S.

The executor of decedent’s estate appeals from the order fixing the transfer tax on the ground that a tax has been assessed on the bequest of a portion of the residuary estate to the Title Guarantee and Trust Company, as trustee, to expend the income “ in educating the poor but ambitious young men over the age of fourteen years in the City of New York, in any trade, which such men may desire to acquire, and who may be pursuing such trade education in the trade school located at First avenue, between Sixty-seventh and Sixty-eighth Streets, in the City of New York.”

The purpose of the…