Estate of Kraus v. Department of Taxation

A single question is presented in this case: Were the 300 shares of stock in The William Powell Company transferred in contemplation of death within the meaning of Sections 5331 and 5332, General Code?

Section 5332, General Code, provides' as follows:

“A tax is hereby levied upon the succession to any property passing, in trust or otherwise, to or for the use of a person, institution or corporation, in the following cases:

“1. When the succession is by will or by the intestate laws of this state from a person who was a resident of this state at the time of his death. # * *

“3. When the succession…