Loeffler's Estate

Gest, J.,

dissenting. — I regret that I am obliged to dissent from the opinion of the majority of the court in this case.

The record shows that the appraiser appointed by the Register of Wills appraised as' the property of Arthur Loeffler certain corporate stocks registered in his name on the books of the R. J. Ederer Company (of Illinois), the R. J. Ederer Thread Company (of Pennsylvania) and the R. J. Ederer Net and Twine Company (of Maryland). The total appraisement was $436,557, and, after the allowance of certain deductions, the tax was assessed at the rate of 2 per cent., the decedent…