Worcester County National Bank v. Commissioner of Corporations & Taxation

This is a petition brought in the Probate Court under G. L. c. 65, § 30, as amended by St. 1922, c. 520, § 19, by the administrator with the will annexed of the estate of Herbert I. Wallace, late of Fitchburg, who died September 25, 1927, herein referred to as the decedent, for instructions whether certain personal property, held by the petitioner as trustee under an indenture of trust, executed by the decedent February 12,1919, is subject to a tax under G. L. c. 65, § 1, as amended, imposing taxes upon legacies and succes*218sions. The parties agreed upon the facts. A decree was entered that the…