People ex rel. Dunbar v. First National Bank

Plaintiffs in error shall be referred to as the State and defendant in error as the Bank. The State suffered an adverse judgment relating to an inheritance tax assessment and seeks reversal by writ of error. It had filed a report of assessment based on values as of the date of death, refusing to revalue the assets of the estate based on the optional provisions of C.R.S. ’53, 138-4-67, as requested by the Bank. The action of the State in this respect was held by the trial court to be erroneous.

Said section in part provides:

“The executor, administrator or other personal representative of a…