Guaranty Trust Co., Exr. v. State

Counsel for the tax commission assert that the state of "Ohio has the right under the statute and authorities to impose an inheritance tax upon the savings bank deposits notwithstanding they belong to a non-resident decedent and the executor and legatees claim that under the law and the' facts the contrary is true. In other words, they .assert that it is contrary to the Federal and State Constitutions for the State of Ohio to impose an inheritance tax upon the property in question.

Were it not for the decision of the Supreme Court of the United States in Farmers Loan & Trust Co. Exec., vs…