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Show TRY TO ESCAPE TAXAIIIIS CUBE State Treasurer Begins Action Ac-tion Against George Rom-ney Rom-ney Estate Under Inheritance Inheri-tance Statute. TRANSFER of property valued . at $500,000 in an effort to es- f tape payment of an inheritance I ff.x on the estate of the late 1 1 lie Dt Mt R4)iuney in alleged in an II action started by State Treasurer W. II 1). Sutton BKainst the George Homney II & Sons company in the Third district f-ourt today. The petition of the state treasurer will be heard before Judge (I. A. lverson in the probate division of B the court, when an effort will be made I to collect additional taxes. I That the transfer of the half-pillllon I dollars' worth of property was made to I the George Romney &. Sons company. when Mr. Romney contemplated death, is one of the allegations in the petition. peti-tion. It is set forth that the transfer was made on various date, after May 16. 190J. when the company was Incorporated, In-corporated, and that the property was to be held for enjoyment by the heirs at or upon hla death. FURTHER INSTANCES. A further complaint was that Jane Agnes Romney. daughter of George Komney, died intestate November 13, 118, in Los Angeles, and left her father an estate estimated at 135.000. This estate, it is claimed, was transferred trans-ferred by Mr. Romney to a son. William Wil-liam S. Komney. without consideration, and in contemplation of death. It is rnntrndcrLlh,nf inhsrltanr tnwf &epmid by William S. Romney on this amount. At the time of the filing of Mr. Rom-ney's Rom-ney's will for probate the appraifers founH property amounting to $43,681.48 on which inheritance taxes were assessed. as-sessed. The inheritance tax was fixed at $1884.07. The petition which was filed today alleges that Mr. Homney transferred property amounting to $200,000 to the Ceorge Romney A Sons company, when it was incorporated and distributed the shares of stock among his twenty-four ons and daughters, the sons receiving eighty-three shares each and the daughters receiving eighty-two shares each. Other property amounting to KV100.000 Is alleged to have been as- signed to the company for a few dollars -on various dates up to May t, 1908, all the transfers being made in contemplation contempla-tion of an early death. TO SHOW CAUSE. ' It is asked that the George Romney & Hons corporation be cited to appear in probate court to show cause why an inheritance tax should not be paid ron"thf property transferred before the death, and that W. S. Romney show cause why taxes should not be paid on the $.15,000 estate of the deceased sister, sis-ter, alleged to have been transferred to him by the father. This tff the second case of the kind ever filed in the state, the first one being in the estate of the late W. P. Noble, which was filed some time last year, and which has never been brought to trial. |