In re the Transfer Inheritance Tax in the Estate of Gould

The writ brings up for review a decree of Vice-Ordinary Baches sustaining a tax levied on the transfer of property by the last will and testament of George J. Gould, deceased, a. former resident of Lakewood, New Jersey.

On March 21st, 1923, decedent transferred $1,000,000 in United States liberty bonds to his wife. He died May 16th,. 1923, and the vice-ordinary held that the bonds were property assessable.

Pamph. L. 1922, p. 294, provides, so far as pertinent as-follows: “When the transfer is of property made by a resident * * * in contemplation of the death of the grantor * * * every transfer…