The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1892-07-14

the state, whose duty it shall be to charge
the treasurer so receiving the tax with
the amount thereof, and countersign the
same and return it to the executor. ad-
ministrator or trustee, whereupon 1t snail
be a proper voucher in the settlement OF
his accounts, but an executor, admins
traitor or trustee shall not be entitled to
credit in his accounts, nor to discharge
liability for such tax unless he shall pro-
ducs a receipt SO couDtersigned by the
Comptroller, or a copy thereof certified by
him.
9. And be it enacted. That whenever
any of she real estate of Which any de-
oedent may die seized shall pass to any
body, polite or corporate. or to any per-
son or persons other than the father.
mother. husband, wife, lawful issue. wlfe
or widow OF u SON. or husband OF q
daughter, or in trust for them. or some OF
them, 1t shall be the duty of the execu-
tors, administrators or trustees OF such
decedent to give information thereof in
writing to the treasurer ofthe sta,e with
in six months after they undertake the
execution of their respective duties, or,
If the fact be not known to them within
that period, then within one month after
the same shall have come to their knowl-
edge.
10. And be it enacted, That whenever
any debts shall be proven against the es-
tate of a %decedenr, after the payment of
legacies property from which the said tax
has besn deducted, or Upon Which IL has
been paid, and a refund Is made by the
legatee, devisee, heir or next OF kin. a
proportion of the tax so paid shall be re-
paid to him by the executor. administra-
tor or trustee, If the said tax has not been
paid to the state treasurer, or by them ii
it has been so paid.
IL. And be it enacted. That whenever
any foreign executor or administrator
shall assign or transfer any stocks or
loans in this state, standing In the name
of a decedent, or in trust Tor q aecedent,
which shallsbe liable to the said tux, such
tax shall be paid to the state treasurer on
the transfer thereof, otherwise the cor
poration permitting such transfer shall
become liable 20 pay such tax; provided,
that such corporation las knowledge be-
fore such transfer that said stocks or
loans are liable to said tax.
10. And be it enacted, That when any
amount OF said tax shall have been paid
erroueously to the state treasurer, 1t shall
be lawful for him, on satisfactory proof
rendered to him of such erroneous pay
ment, 10 refund and pay to the executor.
administrator, person or persons who
nave paid any such tax IN error, the
amount of such tax so paid; provided. that
all such applications for the repayment OF
such tax shall be ma lie within Two years
from the date of SUCH payment.
IS. And be it enacted, That in order to
fix the value of property of persons whose
estates shall be subject 10 the payment OF
said tax, the surrogate or ordinary, on the
application of any interested party, or
upon his own motion, snail appoint some
competent person as appraiser as oiIen as
aud Whenever occasion may require,
whose duty it saall be forthwith to CIV
such notice by mail and 10 such per-
sons as the surrogate or ordinary may
by order direct, of the time and place he
Will appraise such property. and at such
time aud place to appra1se The same at
its fair market value, and make a report
thereof In writing TO said surrogate or
ordinary, together with such other facts
in relation thereto as said surrogate or
ordinary may by order require TO be tiled
In the office of such surrogate or ordin-
airy, and from this report the said surro-
gate or ordinary shall fortnWith assess
aud fix Che then cash value Of all estates,
annuities and life estates. or term of
years growing out OF said estates. and
the tax to which the same is liable, and
shall Immediately give notice thereof
by mail TO the state treasurer and
to all parties known to be Interested
therein: any. person or persons dlssatis-
fled with said appraisemento or assessment
NAV appeal therefrom to the ordinary or
surrogate of the proper county, within
sixty lays after the making and filing OF
such assessment, on paying or giving Sc
curity, approved by the ordinary or sur
rogate, to pay ali costs, together with
whatever tax shall ps fixed by said con rt;
the said appraiser shall be paid by the
state treasurer out of any funds hs may
have in his hands or account OF said tax,
on the certificate of the ordinary or sur
rogate. at the rate of three dollars per
day for every day actually and necessarily
employed in said appraisement, together
with his actual and necessary travelling
expenses.
Ia. And be it enacted, That any ap-
VINO shall take any tee or reward
from any executor, administrator, trus-
tee, legatee, next Of kin or heir of any
decedent, or from any other person
liable to pay said lax or any portion
thereof. shall bs guilty of a misde-