Bugbee v. Board of Home Missions of the Presbyterian Church

Supreme Court of New Jersey

Bugbee v. Board of Home Missions of the Presbyterian Church

131 A. 924, 4 N.J. Misc. 99, 1926 N.J. Sup. Ct. LEXIS 347

Supreme Court of New Jersey·Decided January 28, 1926·Published·Cited by 4 cases

Opinion

Per Curiam.

The question involved in these cases is whether the several gifts of William E. Honeyman during his life are taxable under section 1, subdivision 3 of the Transfer Inheritance Tax act. 4 Comp. Stat. of N. J., p. 5301; as amended, 2 Cum,. Supp., p. 3573.

Five years before the death of William E. Honeyman he gave and transferred to each defendant the aggregate sum of $0,000 each in three separate amounts and transactions, and on separate dates covering a period of two months. On an appeal from the assessments, the cases were heard by Vice Ordinary Buchanan; he advised a decree that the assessments made against the board of foreign missions should be set aside absolutely; that the assessments made against the board of home missions should be sustained as to the gift of $2,000, made November 19th, 1912, but set aside absolutely as to the remainder.

[100] The Vice Ordinary prepared and filed a learned and persuasive opinion covering the points involved in both cases. We think the decree of the prerogative court in each case ■should be affirmed, for the reasons stated by the learned Vice Ordinary in the opinion filed.

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Per Curiam.

The question involved in these cases is whether the several gifts of William E. Honeyman during his life are taxable under section 1, subdivision 3 of the Transfer Inheritance Tax act. 4 Comp. Stat. of N. J., p. 5301; as amended, 2 Cum,. Supp., p. 3573.

Five years before the death of William E. Honeyman he gave and transferred to each defendant the aggregate sum of $0,000 each in three separate amounts and transactions, and on separate dates covering a period of two months. On an appeal from the assessments, the cases were heard by Vice Ordinary Buchanan; he advised a decree that the assessments made against the board of foreign missions should be set aside absolutely; that the assessments made against the board of home missions should be sustained as to the gift of $2,000, made November 19th, 1912, but set aside absolutely as to the remainder.

[100] The Vice Ordinary prepared and filed a learned and persuasive opinion covering the points involved in both cases. We think the decree of the prerogative court in each case ■should be affirmed, for the reasons stated by the learned Vice Ordinary in the opinion filed.

Bugbee v. Board of Home Missions of the Presbyterian Church, 131 A. 924, 4 N.J. Misc. 99, 1926 N.J. Sup. Ct. LEXIS 347 (N.J. 1926).

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