MATTER OF FIRST TRUST & DEPOSIT CO. v. STATE TAX COMM'N


286 A.D. 917 (1955)

In the Matter of First Trust & Deposit Company, as Executor of Jacob Peters, Deceased, et al., Appellants, v. State Tax Commission et al., Respondents

Appellate Division of the Supreme Court of the State of New York, Third Department.

June 16, 1955.


This controversy involves only the payment of interest. It is conceded that petitioners are entitled to a refund of the transfer tax which amounted to an overpayment. Jacob Peters died a resident of Onondaga County on August 16, 1922, leaving a last will and testament which was duly admitted to probate. His will provided for a life estate in his wife as to certain of his property, with a contingent remainder so that the ultimate devisee could not be known until the wife's...

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