New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-01-13

The working Of the law Is so we'll adjusted and
understood that litigation concerning has practically
disappeared
The Collateral Inheritance Tax law was stated In
the last report to be so involved in litigation to
seriously impair its operation and to be subject to
certain objections due to obscurity language During
the last year the Court of Appeals has affirmed the
constuonaty Of the act and the Legislature amend
cd the law, including in such amendment several
changes which were recommended in the last annual
report from this department The consequences OF
this decision and legislation are In tine fact the
receipts have risen to the unprecedented sum of
1851 ~ %. The prediction made that this tax
might easily in some years produce million of dol
lars OF revenue. The reasonableness OF such pre-
dicon Is affirmed by the following memorandum show
ing the eight estates paying the largest sums and the
smonnt Of tax paid by each under the law during the
last year:
Estate Of Msnrstra A. L.ncx. New q
Estate Of Cornelia ~ Stewart NewYork si9s? %
Estate ot Hannah Ea.tOn King Comfy !ooes 20
Fsiats Of Mary r Miller nranrs 1874 ss
Estate OF b. F. Bancroft Washing 104l9 80
The last Legislature enacted law imposing an an
nal tax OF per cent upon the gross receipts for adj
mission to racetracks grounds on which racing is
had, by any racing association incorporated for the
improvement Of the breed Of horses The income Of
the tax Is TO be discussed by the State Agricultural
Society In the form Of prizes for improving the breed
OF cattle sheep and horses at the varous county fairs
throughout tho State Inquiries as to the apple
and scope OF the chapter bee ane so frequent that this
Department obtained and announced the opinion OF
tho Attorney General which may be summarized as
follows
Frst-That only societies or associations duly In
corporaed under general special act OF the Legis
laure for tho Improvement Of the breed II horses or
In which improving the breed of horses one OF the
objects Of the Incorporation, are authorized to sell
pools under the restriction OF tho act only such so
cictlcs or associations are obliged TO pay tho per
gross receipts and only such societies or asso
Citations In any way affected by he act
Second-That said act does not authorize tho selling
Of pools by county and agricultural societies at
their fairs or Impose tax upon the gross receipts
Of said societies at said fairs, nor In TACT does " Id
way alter the law II existed at the time OF It's
passage in reference To said agricultural societies
and associations except as they may oehen' rom the
provisions Of the sixth section thereof
The gross receipts from the law up 10 the time OF
submitting this report S22,6lO ID.
"The prosperity Indicated In State affairs says
Mr. Chaplin In conclusion. and the reduction OF our
indebtedness TO so Insignificant point have not been
attained by any sacrifice OF substantial interests or by
nnduly withholding effort In any direction On the
contrary, the last four years comprise Pr.ou vi Ro
culiar and wise lberallty In certain respect mo
gross amount appropriated from the Gencrai fund
during those years for land purchases anu ior con
struction OF buildings exceeds eight ana one mar
millions Of dollars. This sum Is the more NOTABLE as
constr ucilon appropriations for the new capitol have
heen less lately than I'm former years the amount for
the four years I'm question being S2.34,o 600 of tho
remaining millions of the sum under CONSIDERATION
one and one half millions were expended In tho pur-
chase OF the Niagara Park Reservation There remain
therefore four and half millions OF COLLARS appro
prlated In four to purchase land or of eohru0