Legal Opinion
Bassett v. Neeld
Supreme Court of New Jersey
Decided March 18, 1957PublishedCited by 12 opinions
1Opinion of the Court
The opinion of the court was delivered by
Burling, J.
Margaret K. Bassett died on February 28, 1954, a New Jersey resident. The state inheritance tax has an impact upon 2,619 shares of stock of Bassett Estates, Inc., by virtue of gifts made by the decedent in contemplation of death or as a part of her estate at death. The “clear market value” of the stock (B. S. 54:34-5) was reported at $68,746 per share. The Director of the Division of Taxation has determined the value to be $116.53 per share. From this determination the executors appealed to the Superior Court, Appellate Division (B. 8.…
2Cases cited11 opinions
- Worcester County Tr. Co. v. Commissioner of Internal Rev.Court of Appeals for the First Circuit · 1943
- Laird v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1936
- Commissioner of Internal Revenue v. McCannCourt of Appeals for the Second Circuit · 1944
- Kirkwood v. RowellCalifornia Court of Appeal · 1955
- Ketler v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1952
6 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Samuel B. Slaughter, Jr. v. The Philadelphia National Bank v. Peoples National Bank of Camden CountyCourt of Appeals for the Third Circuit · 1969
- Dibble v. Sumter Ice and Fuel Co.Court of Appeals of South Carolina · 1984
- Zia Natural Gas Co. v. New Mexico Public Utility CommissionNew Mexico Supreme Court · 2000
- In Re Bessemer Trust CompanyNew Jersey Superior Court Appellate Division · 1976
- Rosenthal v. KingsleyNew Jersey Superior Court Appellate Division · 1967
7 more not listed; retrieve them via the Exa API.