Old National Bank v. Damon

This is an action by the respondent bank, as executor of the estate of Clara A. Bauman, deceased, to recover from the appellant, as guardian of the estates of his three minor daughters, who are also the children of decedent’s daughter, Peggy Damon, a prorated share of the federal estate tax paid by the executor on the estate of said deceased.

The testatrix, Clara A. Bauman, left an estate with an adjusted gross valuation of $306,521.43.

Under the terms of the will of Clara A. Bauman, deceased, her son, Donald D. Bauman, received all the farmland of which she died seized, and her daughter, Peggy…