The daily journal. (Salem, Or.) 1899-1903, 1903-03-13

ton, or the granting Of letters tesla
mentary or of letters OF administra-
ton, If in his opinion said estate ex.
ceeds in value the sum ofS1O.O coo.
cause the county clerk to send to the
treasure Of the state a certificate OF
the filing Of such will or application.
or the granting of such letters of ad.
ministration. The court shall there.
upon, as soon as practicable after the
granting Of any such letters, proceed
to ascertain and determine the value
OF every Inheritance, devise. beauest.
or legacy embraced in or payable out
Of the estate in which such letters are
granted and The tax due thereon. The
state treasurer shall have the right
to apply for letters of administration
as are conferred upon creditors by
law.
Duty Of Executors, ETC.; Filing In.
Ventory and Appraisement.
Sec. II. 1t shall be the duty Of the
executor, administrator. or trustee Of
every estate, within one month from
the date Of his appointment, or, If a
trustee, from the acceptance Of this
trust, or, IL necessary, such further
time as the county clerk or judge may
allow, make an inventory, verified by
his W oath Of all the real and per.
sonal property Of the deceased which
shall come into his possession or
knowledge, any will or directions of
the decedent to the contrary notwith-
standing, and to cause the same to be
appraised, as by law required and filed
with the clerk OF the court having jur.
isdiction Of said estate.
Extension Of Time TO File Appralse.
ment.
Sec. Is. Whenever, by reason Of
the complicated nature Of an estate,
or by reason Of the confused condition
Of the dcccdeut's affairs, it Is imprac.
ticable FOR t~hoeXecutor, administrator
trustee, or beneficiary of said estate
to file with the clerk Of the court a
fun, complete, and itemized inventory
Of the personal assets belonging 70
the estate within the time required by
statute for filing inventories of estates
of decedents, the court may, upon the
application OF such representative or
parties In interest, extend the time
for filing the appraigement for a per.
iod not to exceed three months be
yond the time fixed by law, or such
further time IS may be rocesary upon
good cause shown.
Duty Of administrators, Etc, TO Send
Inventory and Appraisement to
State Treasurer.
Sec. 10. Every executor or admin
istrator, or trustee OF any estate sub.
iect to the tax herein provided shall.
at least ten days prior e. the first ap.
praisement thereof, as provided by
Jaw, notify the state treasurer In writ.
ing Of the time and place Of such APP
0raisement, and shall file due proof Of
such notice with a copy thereof with
he clerk of the court having juTis.
iIction OF such estate or trust. Every
executor, administrator, or trustee,
within ten DAYS after such appraise.
nent, or appralsement Of any benefl.
ial interest or reaprrG'sament there
N. and before payment and dlstrlbu.
ton to the legatees or any parties en-
'itleG 10 beneficiary interest therein
hall make and render 10 the said
state treasurer a copy Of the said in
ventory and appraisement. duly Ger.
tiled as such by the clerk Of the court
having jurisdiction Of said estate, and
shall also make and file with the said
state treasurer a schedule, list, or
statement. In duplicate, Of the amount
OF such legacy or distributive share
together with the amount Of tax
which has accrued or will accrue
thereon, verified by his oath or affirm
alton, 10 be administered and certi'
fed thereon by some magistrate or
officer having lawful power TO admin
lister such oaths, In such form and
manner as may be prescribed by the
State Treasurer. which schedule, list
or statement shall contain the name
OF each and every person entitled TO
any beneficiary interest therein, to
gether with the clear value OF such in
forest therein, as found and deter
mined by the court having jurisdiction
Of said estate. one OF said schedules
shall be kept and retained by the
State Treasurer and the other de
liyered by him 10 the Secretary OF
state.
Section 20. Court may act on first
inventory ascertaiuing and de
termiHing the value Of any inherit
ance. devise. bequest. or legacy EN-
hraoed in or payable out Of any es
go. 49, H-..A ~ a.. 49,. 49, HLam.rn ]