In re the Estate of Loney

O’Brien, S.

The State Tax Commission takes this appeal from an order of this court made on the 5th day of July, 1928, declaring *250exempt from transfer tax the sum of $15,450, representing the value of tangible personal property owned by the decedent on the date of her death, upon the ground that the said sum of money resulting from the adjustment of a claim arising out of the ownership by the decedent of certain tangible personal property is subject to a transfer tax under the Tax Law of this State.

The decedent was a resident of this State and was a victim of the sinking of the steamship…