Daily Kennebec journal., 1911-04-01

OF probate bE either. party. Real eS-
tatt OF winch Inc decedent d'ed setHed
or posSeSSed' subject to taxes as afole-
said Shdli b. charged with a lien for
All Such taxes ana interest, which lien
may be discharged by the payment Of
+Ii % %,aMeS I4e ana 10 become que ur,
- NdIt' l'di estate or separate pff''l
there of. or nH an order or decree of
th' probate court discharging said
li'n. sand order OF decree to be granted
by the probate court upon the deposit
with said court II :, sum of money or
a bond Sufilclent to secure 10 In" state
tho paEtA"nt- Of any tax due or to be
come due Oh said real estate. Orders
or e,rets dIScharging such lien may
in the county where said real estate
is located
Section 3. Section lightweight Of
chapter eight of the revised statutes
as contained in section seven of chap
ter one hundred eighty-seven OF th"
poblc laws @f nineteen hundred and
nm nIne Is heten{ amended by striking
account and Inserting in lieu there.
of the word Inventory
Section I. Chapter eight of the re-
NiSed statutes is hereby further amend
ed Dy adding thereto tn" following
sections.
Section 40. Clerk of cities and
towns shah report to the attorney
gen.ral The names of all persons dying
WITHIN their respective municipalities
leave estates s"ya hy yaue whaTeof I%H f'7[k ex
cteds i've hundred dollars, together
Win N" names Of husband, wife and
next OF kin 50 far as known to him:
such report shall b. mailed to the at
torney general within ten days of the
time "hth the certificate OF death is
MED with such clerk, and fe" Of
twenty-five cents shall be paid said
clerk by the state therefor. The at
tofheE general snail prepare and fur
hiSh blanks for such returns.
pct a
tate passing from any person, not an
lnhabltant or resident of this state,
as provided in section siNty-nine of
rh&Ptef eight OF III" revised statutes,
StlalI consist IN Whole o. in part OF
shares "l any railroad, on street rail-
way company or telegraph or telc-
thulle company InclrrOrat"d under Tin"
laws OF Tins stat' and also of some
each share as is rrnBortionaI to tho
part Of such company : lines lying with
IN thlS stat" snail be considered as
properly Of such person within fh" ju-
ilEdtllon OF TINS stat for the pur-
poses "1 thlS chhpt'r.
Section -. When the personal estate
passing from any deceased person not
an inhdbltant or resident Of this state
as provided IN section siXty-ninr, shalt
consist OF the stocks, bonds or other
""ot or rertliicate of Indebtedness of
any cptPrrati"n organized under Tn"
law. af Maine, no collateraI inh"r-
itance tax Shall be assessed upon the
same unless sud corporation snail at
tuo UNI ot Saeh dtctaSe have tahsibl"
properly WI(Hi4 the state exceeding
on" thousand dollars in value The
attorney general, upon satisfactory rv-
ldnnce and payment Of a fee Of ave
dollars to IN" use of tha state shah
ne tt'tlncate IN the oftice of the
secretary OF state that :tN.- such cor
p"fati@h las not tangible property with
IN the stat" eXcct ding one Thousand
dollars In value Suoh certificate may
ht any tim" after MOTTO and arOn
satisfactory evidence, be revoked \
cory Of the eeftiiiCatt Of revocation
SLaI! te sent To the clerk, and II any
S1'4k = glStrar or transfer agent who's"
name y on fle with said secretary.
/ 'ItI fh" receipt of such certifica;"
or r"Natatto ton any Such stock registrar
or tlahst"f agent NAV lawfully transfer
We stock OF sald corporation and per
otlee
S"Stl"t ~. S#hioct 10 the provisions
~ 'elloit ul2ttf-tWo II foreign rN-
etdt"i, administrator or trustee assigns
or transfers am stock in AN" national
BANK located III TINS state or in any
cG}t"t4tI"u organized under the laws
of this state owned by a deceased nom
resilient at the late of his death and
lia!ic to tax under In" provisions
Ct thIs cha: ter, the tax. shall be nai!
To the attorney general at the time
oi SHeA assignment or transfer: and
II 1t Is not patd when due, such eX-
he personally liable therefor until il
Is paid. Subject to the provisions OF
section nlnetN-tWo bank located in
tHiS state or L corporation organized
under the laws of this stat" which
Saal record a transfer of any share of
RS stock made by foreign executor,
or trustee, OF issue new
certIticate for a share of it's stock at
the instance of foreign executor, ad-
OF trustee before all taxes
lmposea thereon by the provisions or
tlhS rhdpter have been paid, shall be
liable for such tax in an action OF debt
Drought by tie attorney general.
.Hectlpn ~. Subject to the provisions
or section ninety-tWo no person or
corporation shall deliver OF transfer
any securities or assets belonging to
lne estate or a hon-resldent decedenr
70 anyone unless authority to receive
the same shall nave bc-n given by Il
PROBATE court Of this state, and upon
satisfactory evidence that all inher-
ltahGe taxes provided for by this chap
Ter nave been pald, guaranteed or Sc
cured as hefelnbetore provided. ANY
tFanSierS any securities or assets in
n, .i"'i ~ ~ ~ li@apie @ LOT suVn taN IN an
s.e,tora, ao,a1rl ~ "ep' plo"sht pS the attorney
So ,r,
t,,TS 'ipl -, ne dltofatS general
: t tti.'i! pi iNi'lP.iS co,iiitnee proceedings
~! tItc i''o'clN oI dh9 OF Sald taxes
"ttIlh SIN niohthS diteF inc same be-
I'M @dlIlc paA iplt ana ShdiI commence inc
SIil!S "hen the 1udse of a rrobate court
tSI tlIitS 10 MN Itlht tne maj account