In re the Estate of Penfold

Fowler, S.

The executors appeal from the order fixing tax, and allege that the appraiser erred in appraising certain securities constituting a part of the assets of decedent’s estate at their value on the date of decedent’s death. In an affidavit submitted to the appraiser the executors allege that the value of these securities decreased between the date of decedent’s, death and the date of distribution among the legatees to the extent of $11,658.90. The order appealed from assessed a. tax upon the value of the securities as of the date of decedent’s death. For the reasons stated in my…