In re the Estate of Payne

Foley, S.

The State Tax Commission takes this appeal from the report of the transfer tax appraiser and the order entered thereon on the following grounds: (1) That the tax on the valuation of a surviving temporary life estate for persons in the five per cent class in the income from the residuary trust during the life of Sarah K. Payne, provided she survives Harriet L. Payne, was suspended; (2) that the valuation of the surviving temporary life estate may be computed and a tax thereon should have been assessed against the executors; (3) that the tax on the remainder *502was improperly computed, as…