Hooper v. Bradford
Massachusetts Supreme Judicial Court
Petition to the Probate Court by the executors under the will of Edward Austin, late of Boston, for instructions as to the payment to the treasurer of the Commonwealth of taxes upon certain collateral legacies under St. 1891, c. 425. The following facts were agreed: Two hundred shares of the stock of the Calumet and Hecla Mining Company owned by Edward Austin at the time of his death had a market value of $120,000 on November 16,1898, the date of his death, and on April 24,…
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Petition to the Probate Court by the executors under the will of Edward Austin, late of Boston, for instructions as to the payment to the treasurer of the Commonwealth of taxes upon certain collateral legacies under St. 1891, c. 425. The following facts were agreed: Two hundred shares of the stock of the Calumet and Hecla Mining Company owned by Edward Austin at the time of his death had a market value of $120,000 on November 16,1898, the date of his death, and on April 24, 1899, the date of the distribution of a portion of his personal estate, including the said shares, made in accordance…
1Opinion of the CourtHolmes, C. J.
This.is a petition for instructions under St. 1891, c. 425, and comes here by appeal from the Probate Court. Callahan v. Woodbridge, 171 Mass. 595. The question raised and argued is whether for the purposes of the collateral inheritance tax imposed by that statute the property is to be valued as of the date of the testator’s death or as of some later moment. The testator, Mr. Edward Austin, left a considerable amount of Calumet and Hecla mining stock, which rose largely in value between November 16, 1898, the date of his death, and April 24, 1899, when the stock was distributed. Between the…
2Cases cited5 opinions
- United States v. PerkinsSupreme Court of the United States · 1896
- In Re the Estate of WesturnNew York Court of Appeals · 1897
- Callahan v. WoodbridgeMassachusetts Supreme Judicial Court · 1898
- Hooper v. ShawMassachusetts Supreme Judicial Court · 1900
- Mechanics' Savings Bank v. WaiteMassachusetts Supreme Judicial Court · 1889
3Cited by32 opinions
- Jacobs v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1929
- Kingsbury v. ChapinMassachusetts Supreme Judicial Court · 1907
- In re the Estate of FergusonWashington Supreme Court · 1921
- Rowell's EstateSupreme Court of Pennsylvania · 1934
- Bingham v. Commissioner of Corporations & TaxationMassachusetts Supreme Judicial Court · 1924
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