The Butler weekly times. (Butler, Mo.) 1881-1918, 1901-02-28
$4,000 ININHERITANCETAX

Jackson County Alone will Pa
That Under the New Law.
The Law Affirmed b. the Supreme Cour
YESTERDAY. First Payment
Under Ii Made This Morning
All 10 the Educational
Fund.
1t was only yesterday that Judge
Sherwood of the supreme court de
cided the legality of the collateral In
heritance tax and this morning, fewer
than twenty-four hours after the de
cision, George A. HiginbOthan paid
to the county collector 800 due the
state from the estate of his mother,
Caroline f. H. Higinbothan.
The Inheritance tax was passed by
the last general assembly and became
"A law Aug. 20. 1899. 1t provided
that > per cent OF the valuation OF
all legacies left to any one, not Of
lineal decent. shall be paid to the
county collector to be RENTED to
the state treasurer for the state edu-
catiOnal fund. In the HiginbOthan
ease part OF the estate was left to
h Ill
willed to her daughters in-law. This
latter part was valued at $4,000
and the tax on it was 500. Judge
Guinotte made the order for pay
ment this morning and check was
given at once.
The new law is most eXacting and
leaves no loophole to escape its pro-
visions. After an estate has been
valued the Judge OF the probate court
makes an order for the payment OF
the Inheritance tax This order is
first lien on the property. Besides,
executors and administrators are
held liable under their bonds until |
the tax is paid.
The new law is of greatimportance
to the educational fund of the state. |
This can be better appreciated when
ii is understood that there is due in |
Jackson county alone about SO 900 |
under the law. The estate of every |
person who has died in the county |
since August 20, 1899 where lega- |
cies have been left to Others, than |
direct descendants. will be assessed |
by Judge Guinotte Immediately.
According To George H. English. |
. ir., the attorney who has been MAX |
ing Investigations in the interest of
the state university, these estates
will come under the law: William
Askew, J. j. Squier, Mrs Henry Gar
land, Annie Erskine, Timothy Buck
ley and Fay c. Quincy. The Askew
estate is the largest one Of these. 1t
was valued at over 5000, 900 and a
part of it left to others than direct
descendants.
This decision by the supreme
court, said Judge Guinotte, lis a
splendid thing. not only for the state
university, but for all the other edu-
cational institutions of the state.
There is no possible way of estimat-
ing how much it will add to the edu-
cational fund, because that depends
entirely upon the manner in which
estates are willed, But it will I'M
doubleday run into the thousands of I
dollars"
The new law being declared |
valid, said Il lawyer, will do more I
than any other one thing toward the 7
building up of Missouri educational {
interests. Ever since | can remem-
Der the legislature has never been t
able to appropriate as much money ]
to the state university as it needed
to properly carry on its work. | :
don't believe the different assemblies
have been niggardly. but the state :
has not had the money to make gen
erous apportionments. Every per- '
son in Missouri who wishes to see the :
built up and lie on a par '
with universities OF eastern states =
ought to rejoice at the new law"
Death Sentence on Woman. Z