The mountain sentinel. [volume] (Ebensburg, Pa.) 1844-1853, 1849-08-09
Act OF THE 10Th OF APRIL ls49,

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fund, and to proride. for the gradaai a''a
certain esctingNishnlent OF the de0f q
the Commonwealth.
aSECTIoN 10. That whenever any Tor
eign executor or administrator shali sssign
or transfer any stocks or loans in this CoIo-
monwealth, standing in the name oi oe-i
cedent, or in trust for 4 decedent, Wnicn |
shall be liable to the collateral inheritance
tax, such tax shall be paid TO the Register
of the proper county on the transfer there
of, otherwise the corporation permitting
such transfer, shall become liable 10 pay
such tax.
"SEcT1oN IL. That the provisions of
the several acts of Assembly relative to
collateral inheritance taxes, shall not be
held or taken TO apply to any property or
estate, real or personal, passing by VIII to
or in trust for the wife or widow OF son
of any person dying, seized, or possessed
thereof.
"SECIIoN l2. That in order to tlx the
valuation of the real estate of persons
whose estates are or shall be subject to the
payment of collateral inheritance tax, by
the laws of this Commonwealth, the Regis
ter of Wills of the county In which letters
testamentary or of administration shall be
granted, shall at the same time appoint one
of the appraisers, whose duty 1t shall be
to put fair valuation on said real estate,
and the assessor of the ward or township
in which such decedent died, shall be a.
mother appraiser; and it shall also be the
duty of said appraisers to max fair and
considerable appraisement of the personal
estate of the decedent, and it shall further
be the duty of said appraisers, TO assess
and fix the then cash value of all annul-
ties and lie estates growing out OF SAID es-
tate, upon which annuities and lite estates,
the collateral inheritance tax shall be I'M
mediately payable out Of the estate at the
rate of said valuation; and the said ap-
praisers shall be then paid for all services
performed by them in the city of Phlladel-
phia and the incorporated districts, and in
other cities, ana several seats of justice
within this Commonwealth, at'the rate OF
one dollar per day, and in the several
counties within this Commonwealth, at
the rate of one dollar and fifty cents per
day: ProUided, That any person or per-
sons dissatisfied with said aPpraisement or
assessment, shall have the right TO appeal,
within thirty days, TO the Registers court
of the proper county, on paying or giving
, approved security to pay all costs, togeth-
er with whatever tax shall be fixed by
| said court.
s.SEcTIoN Is. That where any person
or persons shall bequeath or devise any
estate, real or personal, to father, widow
= or other person during life, and the re
mainder over to collateral heirs at then
| decease; Immediately after the death o
l the testator, the estate so granted shall b'
4 appraised in slaa manner herein before pro
e vided, and after deducting the valuation o
= said life estate, the collateral inheritanc'
), tax on the remainder shall be immediate
d ly due and payable over to the Register o
Y Wills of the proper county, and when TIT
a tax is not paid it shall remain lien agains
a the State In the manner herein provided
It for, until the final settlement of the estate
0 unless it is paid before such settlement
and where a testator appoints or name
), one or more executors, and makes be
h quest or devise of property to them IN liel
y of their commissions or allowances, or ap
o points them his residuary legatees, ant
said bequests, devises, or reslduary lega
e cies exceed what would be fair compen
e sation for their services, such excess shal
y be subject to the payment of the collatera
: inheritance tax, the rate of compensation
to be fixed by the proper courts havln!
J. jurisdiction in the case. And If any per
S son or persons having their domicil IN a
/ mother State, territory, or country, stal
i die, leaving real or personal estate within
!. this Commonwealth, the said estate
a whether real or personal, shall be subjec
S to the payment of the collateral inheri
: tance tax.
+ "SEcTIoN IA. On all estates of dece
: dents who have been dead more than on
S year, and whose estates are subject to th'
e payment of collateral inheritance tax,
;. said tax has not yet been paid, interes
|, from the death of the said decedent shal
/ be charged at the rate oftwelve per centun
per annum on said tax, unless the same
e shall be paid within nine months from tht
r passage of this act; and on all estates sub
q ject to the payment of the collateral inheri
L tance tax of persons who shall die aftel
this date, if the said tax is paid withir
a tnree nOutlae,- I:-~v---~. ~f G..a- fanr CON
: tum shall be made and allowed, but II tnt
: said tax shall not be paid within one yeal
from the death of said decedent, interes
shall then be charged at the rate of twelve
per centum per annum on such tax, com
putting from the time of said decedent!
e death; and in all cases where the executor
or administrators do not pay such collate
& raj inheritance tax In advance, they shal
n be required to give security for paymen
: of the same.