Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1898-08-26
COLLATERAL INHERITANCE
The Amended Tax Law Will Yield
the State of Iowa a Large
Sum of Money.
DESIRE TO COMPLY WITH THE MEASURE
A Contention That Interests school
Tcnche rs--DcIcEatcx to "a Congrexs
of Raccs-rhe New Bankruptcy
Inv IInx Few Petitioners, Which
Causes Some SurprIsc.
Especial Correspondence ]

Especial Correspondence
Dcs Moines, la, Aug. 15.---It is esti.
mated that the amended collateral in
hcritance tax law will yield the state
very large sum of money during this
and next year, the sum expected to he
realized in this county alone amount.
ing TO $4,000, though this figure in
cludes practically two years proceeds
of the tax. as the law as first passed
was held to be invalid and found i'm
practicable, very few collections be-
ing made under 1t. The amendments
made the trustees, guardians or adj
ministrators personally responsible
for the amount of the tax, and as most
men holding such positions are respon-
sible for considerable amounts they
are manifesting desire to comply
strictly with the law as now amended
in order to avoid shouldering penal
ties themselves. In the two years the
law has been upon the statute books
200 estates have been submitted for
probate in this county, out Of which
about 10 came within the provisions
of the act.
Appraisers to &c Named.
During September appraisers will be
appointed for all the counties of the
state to value property subject to the
tax, whose duty it will be to report
their findings to the county clerks,
who will enter them in the "Collat eral
Tax and Lien Book" and
report the amounts to the state treas
urer. The work of manufacturing
these books Is now in progress here.
They will be ruled so that there will
be columns as follows:
For the name. place and death OF de-
cedent.
Whether the decedent died testate or In
testate. and II testate the record and page
where the will was probated and recorded
The names and post office addresses OF
the executor, administrator, trustee or
grantee. with date of appointment and
transfer.
The names, post Office addresses and re-
lationshtp. II known. of all the heirs, de-
visees and grantees.
The appi aised valuation OF the per-
sonal property.
lc dIuOuul OI luUeTltaUC0 TAX que OH
said personal property.
A record OF payment. with amount and
date.
Date OF filing objections and nlmes Of
objecters
Blank for index and references to all prp-
ceedings. and for memorandum entries Of
The court or Judge In relation. thereto.
BY this book u complete record of all
such estate will be kept, and the clerk
s compelled by law TO report at tho
opening OF each term of court to the
Judge the number of csta tea
and the amount of collateral inher-
itance Tux due the state.
Sweeping I,rovistons.
The provisions of The law with ref
erence to obtaining knowledge Of
property subject to the tax are sweep
ing, 1t being provided that in addition
70 the county attorneys, clerks and
assessors, any citizen knowing Of prop
srty subject to the tax mnst re port the
TACT to the proper authorities. when 1t
becomes the duty of the county attor-
ney to fully investigate the matterand
report his findings in writing 10 the
county clerk. The tux becomes n lien
On the property. Another provision
IF the law is that trust companies and
safety deposit companies which hold
securities belonging to m estate, be-
lore snrrendering papers in their pos.
session, must serve Mt least five days
notice upon the state treasurer of the
of the relatives to draw out
The papers. Failure to do so makes the
liable for the tax.
The state treasurer has collateral
Inheritance tax reports from about SO
Of the 90 counties Of the state, but as
yet 1t is impossible to form an esti-
nate of the total amount that will be
realized by the state from this source.
Blow MT the Normal School.
The contention between County Su-
oerintendent Brenton, of this county,
md President seerley, of the state
,armal school at Cedar Falls, is Inter
sting school-teachers and their
friends throughout the state. 1t has
been announced by the county super
ntendent that all teachers who do not
lold state certificates or diplomas not
till 1899 will be required to
AXE an examination in this county
his year before they will be permit
ed to teach. Mr.. Brenton is willing
% accept their grades over 90 on state
normal school diplomas, but says that
must. he taken on all
branches below 90. Beside these, teach
,rs must pass examinations In algebra
md physics. which have been added to
The curriculum. Holders of second
class certificates will have to write the
grades in history and geography, as
we'll as all the branches in which they
stand below The required 90. The coun-
y superintendent seems to have. the
whip hand" since the law gave him ex-
elusive power in prescribing the con-
iitions under which instructors may
each in this county.
Fear Untold Injury.
It is feared by the officers Of the
tate normal school that the action of
Folk county's superintendent will
work untold injury to the school in
'ase other county superintendcnts fol
ow his action and take the same stand
n the matter, refusing to recognize
he diplomas of the school as sufficient
passport for n teacher to job in the
schools of the county. President Seer
ey was in.the city some time ago, and
t is said that he came to protest