Salt Lake Telegram | 1902-05-01 | Page 3 | Must Pay $882,064

MUST PAY Vanderbilt Estate Held Liable for State and Federal Taxes NEW YORK May 1 TIte Trie appellate division of the Supreme court has affirmed affirmed af af- firmed the decision of Surrogate Fitzgerald Fitzgerald Fitzgerald Fitz Fitz- gerald fixing ng the transfer tax on the estate of the late Cornelius Vanderbilt The personal personal person l estate was valued at and a tax was Imposed against the different leg legacies leg cies of Surrogate Fitzgerald did not not deduct the war revenue tax of in computing computing computing com com- the State transfer tax and the appellate division upholds him Now ipe the Vanderbilt heirs after paying paying paying pay pay- ing the State transfer tax will be called upon to pay the war revenue tax based upon the entire estate The thought this tax should have been deducted before the State tax was imposed On these two items of taxation alone the will thus be compelled to pay