The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1909-07-15

.'.reiaeui lent thereof.
Z pcvpi, oI tue STATE Of Wisconsin,
presented il, senatc and Assembly, do
.,ccl.sA l. SECTION ius7--5 Of the stat
...N Ar ane'aed to read Section loa'---o.
! uttr. sucb tax shail be and remain
lie. pvu the psopefts uausfeffed hblii
phic anu the person To whom the properly
Is Transferred and the Administrators, eA
ecu,uis. ana trustees OF eFsi3 estJte 80
Transferred. snail he personally uauie tor
atcI iaA anti its pay ueht.
9, The tas shall be paid 10 the treas
urei OF The rouniy IN whsrh ne coa"ly
court ID situated nav ng Jurisdiction as
herein prov Jed and SAID treasurer sha''
mt.t, one ul which he shall immediately
setu to The state treasurer whose
duty ii saai! be to charge the c"onty
tres s.rer so receiving The tax Win the
amour, hereof and the other re
ceipi shall De delivered to the executor ad
ministrator, OF trustee. whWenpob II Shall
be proper voucher IN the ssttie'1eht VI u .
accounts
8. But no executor, administrator, or
trustee SHALL be entitled 70 final account
ing Of an estate. IN settlement ~ @nicn q
unless he shall produce such receipts
- or o certified copy thereof
or uniess bond shall have been 6led 10
prescribed by section thS7-~0 -
4. All taxes imposed by this act shall
be due and payable nj the time oil the trans
fer, except as here nnfter provided. Taxes
upon the transfer nf any estate. property,
or interest therein lin ted, conditioned lie
pendent, or determInabie upon the happen
Ing OF any contingency or future event, ny
reason Of which the fair market valhe
thereof cannot be ascertaued at the me Of
transfer, MS herein provided, shall &C
crue and become due and payable "heh me
benefciar. shall come into actual posses
sion or enjoyment thereof
Section 2 Section l0a7--a OF the stat
utes Is amended 10 read Section 16s7--0
If such tax is paid within one year from
the accruing thereof, discount II Owe per
cent,im shall be allowed and deducted there
from II such tax Is not paid " thin eight
eep months from the accruing thereof IN
terest shall be charged and collected thereon
at the rhte OF ten per centum per anhnln
necessary litigation or other unavo'iahf
cause Of delay. such tax shall not te deter
mined and paid as herein provided. IN when
case Interest NJ the rate Of sir per cehtilm
per annum shall he charged upon such tax
from the aecrual thereof until the cause OF
such delay IL removed. after which ten
per centun shall be charged In all cases
when q bond shall he given under the prnvis.
Ions OF section 1857 . Interest
shall be charged a, the rate Of si1 per
centum from the acrrual Of the TAI, uhth
the date Of payment thereof
Section 3 Section ius7--f Of the stat
utes Is amended TO read Section 1887 -.
Every executor administrator, Of trustee
shah have fun power 20 sell SO much OF ,he
property of the decedeui rs will enaoic nm
to pay such tan IN the same mainer AZ be
might be entitled By law TO do for the
payment of the debts of the testHtoF OF III
testate. Any such administrator. executor,
or trustee having In charge or 10 trns' any
legacy or property for distribution. subject
to such tax. shall deduct tic tuS thereffotp !,
and within thirty days tosrefron shal' pny
over the same 10 the county treasurer. as
herein provided II sUch legacy or property
be not n money. he shall collect the aI
thereon upon the appraised value thereon,
from the person entitled thereto. tie snail
not deliver or he compelled TO deliver any
specific legacy or property subject to TAI
under this act, to any person nntil ne anal
have collected the tax thereon II any
such legacy shall be charged upon or pay
able out OF real property, the netr or de,
visee shall deduct such tax therefrnn ana
pay 1t to the administrator, executor, or
trustee, and the tax shalt remain EN- or
charge on such real property until paid and
the payment thereof shall I've enforced by
the executor, administrator or trustee n
the same manner that payment OF the leg
&C, might be enforced, or BY the district
attorney under section 1887 --1b. III
any such legacy shall be given In money 10
any such person for limited period the
administrator, executor, or trustee shall re.
tain the tax upon the whole amount, oet II
II BE- not In money, be ehati make applica-
ton to the court having jurisdicttoo Of an
accounting by him TO make AZ apport,on-
ment II the case require It. Of the suu 10 he
paid into the hands ny such leg.te~r and
Tor 0OCb IurfnPr 0rOSI teAA0VS NoSFct' ~
Section l. Section i0S7--e Of the stat
utes II amended 10 resd; Section loSI-a
/. II any debt shall Be proved against the
Of any legacy or distributive share there
of, from Which any such tar has been d.
Quoted, or upon which II has been PAID ~
the person entitled to such legacy or dis.
trtbutive share and such person ts required
BY the order Of the county court having
Jurisdiction thereof on notice to the
state treasurer to refund the amount OF
sush debts o. an; ~
ministrAfor, - trustee, :. or oiaesr
t. whom said tar has been paid.
have BEEN paid errope.,usiy into tn. state
treasury, II shall BE- iavful for the
state treasurer upon receiving tran
script from the county court record show.
lnr the facts to refund the amount
Of sach erroneous or Illegal payment to
the executor adm nistrator, trustee,
pevHon, or persons who bsve paid any SUCH
tax In error. from the treasury or the sad
.'' state treasurer may order. direct. and
allow the treasurer o. aby county to re.
fund the AMOUNT Of any illegal or erroneous
pa ymsot OF such tax on; Of the funds IL bis
tas-s, and crsdi; him With tn. came In HE
quarterly account rendered to the
STATE treasurer under this act. Provided
however that al apritcations tor such rs
ENnVtHs " <TrOHsSur kSAfS thatl 70 ,Hnau
wttaln one year from the payment thereof.
noaifestiop OF DE- order e,ins sueh tar,
Section 5. Section ios7--li Of the stat
utrs IL amended to read Section loS7--ll
/ II \ foreign executor, Ad,niulstra tor, or
trnatee shall ssaiEu or transtsr any stock
or obligations IN this state standing 10 the
osme Of . decedent or In trnst TOR hecc
dAct. Liable 10 ANY such tax. the tai shsil
be paid to the treasurer Of the pr"Psr
conpty or the state treasurer on the
transfer thereof.
2 No safe deposit company, banh. or
other Institution, person or persons hold
ing securities or assstx OF q uon resident d.
eedent, shall deliver or transfer the same
to the executors adm Illustrators, or legal
representatives OF said decedent or upon
their order or request uoiess notice Of the
true and place Of such intended transfer
be served upon the attorney general
At least ten days prior to the sAtd trsusfer:
nor shall any such safe deposit company,
bank or other Institution, t,-r.cn or persons
deliver or transfer any securities or sasrts
Of the estate OF Z non re-sident 6cc-stsrt
without reta ming sufncient por';np or
amount thereof to 90. anv tar which msy
thereafter be assessed on srrnunt NJ the
transfer Of such securities Or assets under
the provisions Of this art nbl~ss TIE
attorney general or public sdrpin'strstof con
s~nts thereto In writing And II shaft ~
lawful for the attoru-y genera. or pnb'ie
administrator personally Of BY RIP
resent 10 examine satd securities or
as-ets at the time Of rich delivery sr trpbs
Ter Failure to serve surh ns'irr o, to Il
low such EXAMINATION or to retain 4 sufa
eient portion or amount to pay such tai
a. herein provided. shall render said safe
deposit company trust e-'innsny. bank sr
other institution p-rann m prf-e1s bNh.
to the payment Of the tar due upon said
securities or sssrts n pursuance OF tho pro
visions of this act
Section 8. Section 10S7--12 Of the stat.
utes is amended TO read Section Ios7--l2.
l. The county court Of evsry county of tho
state having Jurisdiction TO grant tetiers
testsmentsry or OF administration upon tas
estate OF a decedent WHOSE property u
chargeAbie With any TAX undor this act,
or To auuaiut illstet Of Aurh estaIk or