Deseret Evening News | 1901-10-02 | Page 6 | Jacob Rogers' Estate

Rt mATI Official It I nl at II n a Titan Than New t York k Oct Od 2 Tho official ap J of ot Jacob S of the tt the tie locomotive loc builder of Pater rater Paterson son can Son N J j who left lef his hil millions milon to 10 tin the Metropolitan museum of f art lm hn ben beet bl filed at lit the surrogates lurr ore In Pat Patson Paten his estate I t Is saluM son eon lon It J shows that hil ulue than at nt n to little more Double 1 taxes wi Will III have to be palI on Onni till nil the tile nl property In the Ihn first frt place ni the p state of ot sen e Jersey will ex ox id net 5 S per fent nt on n the whole hol of ot this val valuation nl I tuition ns aS the th teutOr have to Rive give an al at account al f f t this to the state atte Second t nr each ech state tate has tu saws laws providing presiding that thai m nl toek will tr transferred l from the name nam 11 if ot a person on nn the Ih stock book beok unless tax I Is b paid tait taiton of ot if ft a corporation cor n a AlI on 1 It Income In ANne elites this tax lax fA is II 1 high In this I way a the holdings will be bp b taxed tutI twice of the Ih stock 10 l Is In corn com comi om i a outside O of ot New 1 Jer This tax tat tl alone Inn n wIIl IW deplete the state tate hy by h fully Cully Qi t JY 00 of SO Is j invested In the ChI stocks of AnI IW other Industrial corpora cpm to toc toa c a