Der Sonntagsbote. (Milwaukee, Wis.) 1906-1912, 1909-07-11

1NsI-z0, 1OST-al, 10S7-22. I0S7-23.
loss-24, and SSls, relating 70 the IN
neritance tax laws and especially NTH
rclercnceto the administration aud en-
1orceuent lent thereof.
1Ae people Of the state OF Wisconsin,
represented IN Senate and Assembly. do
enact as follows.
Section 1. section 10S7-5 Of the stat.
etes Is amended 10 read Section 10sI-5.
Every such tax shall be and remain q
lien upon the property transferred until
paid and the person 70 whom the property
= transferred and the administrators, eK-
~ecutors, and trustees Of every estate 50
transferred, shall be personally liable for
such tax until ITS payment
2 The tax shall be paid to the treas
urer OF the county in which the county
court is situated having. jurisdiction as
herein provided and said treasurer shall
make duplicate receipts > Of such pay
s @sat' one o. WHICH ne shall lmmeo Hsess
duty it shall be 70 charge the county
treasurer SO receiving the tax, with the
ceipt shall be delivered to the executor, i'd
ministrat0r, or trustee, Whereupon It shall
be A proper voucher In the settlement Of his
accounts.
3. But no executor. administrator or
trustee shall be entitled 10 a final account
Ing Of an estate, In settlement OF which &
tar Is due under the provisions Of this act,
unless he shall produce > such receipts
: or q certified copy thereof .
or unless q bond shall have been filed as
prescribed by section 1857.
All taxes imposed BY this act shall
be due and payable az the time Of the trans
fer. except as hereinafter provided. Taxes
upon tile transfer Of any estate. property,
or interest therein, limited, conditioned, de
pendent, or determinable upon the happen
Ing Of any contingency or future event, by
reason or which tie fair market value
thereof cannot be aseertained at the time OF
transfer as herein provided, shall &c
crne and become due aud payable when the
beneficiary shall come into actual possess
sion or enjoyment thereof.
&nPffpn y Enerfnn TnR--N - fta rfnf.
utes Is amended to read Section 1OSI-G.
II such tax Is paid within one year from
the aecruing thereof, q discount Of i've per
ceutum shall be allowed and deducted there
from. II such tax Is not paid within eight
cen months from the accruing thereof, In
terest shall be charged and collected thereon
from the time the tax accrued unless BY
reason OF claims made upon the estate,
necessary litigation or other unavoidable
cause Of delay. such tax shall not be deter
mined ana paid as herein provided, In which
case interest at the rate OF six per centum
per annum shall be charged upon such tax
such delay is removed. after which ten
per centum shall be charged. In all cases
when a bond shall be given under the prOvis-
Ions Of section 10S7-9. interest
centum from the accrual Of the tax, until
the date Of payment thereof.
Section 8. Section 1857 Of the stat
utes is amended to read Section 1857.
ANE &4kk4hkE so - AARNNC
shall have full power % sell so much OF the
property Of the decedent as will enable him
to pay such tax In the same manner as he
might be entitled BY Law to do Tor the
payment OF the debts Of the testator Of In
testate. ANY such administrator, executor
or trustee having In charge or in trust any
legacy or property for distribution, subject
to such tax, shall deduct the tax therefrOn
and within thirty days therefrom shall pay
over the same to the county treasurer, as
herein provided. II such legacy or property
be not In money. he shall PQilcrr the Tax
thereon upon the appraised value thereof,
from the person entitled thereto. He shall
not deliver or be compelled 10 deliver any
specific legacy or property subject to tax
under this act, to any person until be shall
have collected the tax thereon. II any
such legacy shall be charged upon or pay
able out Of real property, the heir or de-
vlsee shall deduct such tax therefrom and
pay It TO the administrator, executor, or
trustee. and the tax shall remain a lien or
chars on such real property until paid, and
the payment thereof shall be enforced By
the executor, administrator, or trustee in
the same manner that payment Of the leg
acy might be enforced, or BY the district
attorney under section 1OS7-i0. . II
any such legncy shall be given In money to
my such person for a limited period the
administrator, executor, or trustee shall re-
tain tile tax upon the whole amount, but II
IL be not in money. he shall make applica-
ton to the court having jurisdiction Of an
accounting By him to make an apportion.
paid into the hands by such legntees, and
for such further order relative thereto ~
section 4 section fos7-s Of the stat
utes Is amended to read Section 1087--S.
/. II any debt shall be proved against the
estate Of the decedent after the payment
Of any legacy or distrtbutive share there
Of, from which any such tax has been de-
Quoted, or upon which II has been paid BY
the person entitled 10 such legacy or dis
~tributive share and such person is required
BY the order OF the county court having
jurisdiction thereof on notice to the
state treasurer 10 refund the amount OF
n .sls debts oF any tgsrt sAs sSs'I' !, an . sSS,lai
70 such person : By the executor, ad-
ministrator, . trustee, : : : or oneer
to whom said tax has been paid.
2. When any amount OF said tax shall
have been paid enormously Into the state
treasury, II shall be lawful for the
state treasurer upon receiving q tran
Ing the facts to refund . . . the amount
Of such erroneous or Illegal payment 70
. . : the executor. administrator. trustee,
person, or persons who have paid any SUCH
tar In error, from the treasury or the said
> stats treasurer may order, direct, and
allow the treasurer OF any county TO re-
payment OF such tax out Of the funds In his
hands or custody 70 the credit Of such
taxes, and credit him with the same In his
quarterly account rendered % the
however, that ell applications for such re-
funding OF erroneous taxes shall be made
within one year from the payment thereois
or within one year after the reversal or
modification Of the order liking such tax.
Section 5. Section l0s1-i1 Of the stat
utea is amended to read Section 10SI-ll.
i. II 4 foreign executor administrator, or
trustee shall assign or transfer any stock
or obligations In this state standing In the
name OF q decedent or In trust for q dece-
deaf. liable TO any such tar, the tar shall
be psid TO the treasurer OF the proper
county or the . : state treasurer on the
transfer thereof.
2. No safe deposit company, bank. or
other Institution. person. or persons hold
ing securities or assets Of a nonresident de-
celent. shall deliver OF tranGfer the same
to the executors, administrator, or legal
representatives Of said decedent, or upon
time and place Of such intended transfer
be served upon the : . . attorney general
at least ten days prior TO the said transfer
nor shall any such safe deposit company,
bank or other Institution, persn or persons
deliver or transfer any securities or assets
Of the estate OF a non-resid ent decedent
without retaining q auf1cten, portion or
amount thereof TO pay any tar which may
thereafter be assessed on account Of the
transfer OF such securities or assets under
the provisions OF this act unless the .
attorney general or public administrator cen
sents thereto In writing and II shall be
lawful Tor the attorney general or public
administrator personally or by rep
reseEtative, 70 examine said securities or
Assets at the time Of Erch delivery or trans
fer. Failure 10 serve such notice or 10 al
low such examination or 20 retain a sdff-
eient portion or amount 10 pay mch tax
81 herein provided, shall rende said safe
deposit company, trust company, bank. or
20 the payment Of the tar doe upon said
securities OF assets IN pursuance eC the pro
visions Of this act.
Section g. Section I0s7--i2 Of the stat