New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-08-20
S10,9O6,4SO APPRAISAL
ON CUTTING ESTATE
Bulk of the Wealth in Railroad
Stocks and BondS-Had No
New York Realty.
OTHER PROPERTY TAXED
Halsey Heirs Assessed on So,
033,009 and Those of Dock
Commissioner Marshall
on S1,200,388.

The transfer tax app 'aisal OF the estate
Of William Bayard Cutting. lawyer, finan-
| cier and railroad man, who died on March
/ 1912 was filed in the Surrogates' Court
yesterday showing a valuation Of &c.,
| 9OG.4S0 The chief beneficiary under the
will Of Mr. Cutting was his wife. Mrs.
Olivia NJ Cutting. whose share of the
estate was s9.O60.242. Bronson NJ. Cut
ting. son. received $500 900 Mrs Jus
tine b. Ward. daughter, s25OO00. and
Miss Olivia Cutting. daughter. a legacy
OF $25O.OOO and life estate in S25o,oO0.
The will also created a trust fund OF
$3.50. 900 for the benefit Of Iris Margaret
Cutting, q granddaughter OF the testator.
one Of the deductions from the gross
estate was s125,OOC for one-half the cost
OF building Synod Hall, Morningside
Heights
The bulk Of the estate Of Mr. Cutting
was in the form Of stocks and bonds In
railroads and industries the railroad Sc
Curities predominatng. The value Of the
stocks and bonds was placed at S9.S11,-
$50. Mr.. Cutting owned no real estate in
Now York state. He had a money de-
post amounting to s310.3iO. His personal
effects other than Jewelry and wearing
apparel. notes. mortgages and interest in
certain syndicates were valued at $685.
O02 The jewelry was appraised at s3.6s3.
wearing apparel at 5000 and an automo-
bile at $3.50.
The railroad and traction bonds held by
Mr.. Cutting were $4,000 Buffalo Lake
Erie Traction Company. $4,000 Chicago.
St Louis New Orleans. 100000 Chi
cago. Rock Island & Pacific 800. 900 Chi
Cago & Eastern Illinois. 100000 Denver
& Rio Grande. $l95. 900 Florida Central &
Peninsular $4,000 indianapolis * 81.
Louis. $4,000 International & Great
Northern. 1915. 900 Kansas & Colorado Pa
Clic. $3.50. 900 Minneapolis & St Louis,
sl25. 900 Michigan Central, $4,000 New
Mexico Railway and Coal Company,
$4,000 National Railways Of Mexico.
$3.50. 600 New York. Chicago & -. Louis.
$4,000 Peoria & Pekin. $4,000 Pere
Marquette. $1,000 Potosi & Rio Verde.
500. 900 Pittsburgh. Shawmut & North
crn. 5000. 600 Public Service Corporation
OF New Jersey. $780, 900 Richmond &
Dan,ille, $50. 0Oo Rio Grande Western.
500. 600 ST Paul & Duluth, $3.50 600 Mis-
souri, Pacific. 100000 St Louis Transit.
1926. 600 81. Louis Southwestern. $4,000
Southern Railway, $4,000 Southern Pa
clnc. $4,000 Union Pacific. $4,000
United Railways Investment Company.
$50. 600 virginia Midland. $4,000 Wa
bash. s35o.oo0 Brooklyn Rapid Transit
and $50. 900 Tri-CYty Railway and Light
Company
Mr.. cuttings holdings In railroad and
traction stocks were go shares common
and soo shares preferred Norfolk South
ern. SG0 Alabama Great Southern. 100
Buffalo & Lake Erie Traction. l6s Cleve-
land. Chicago. Cincinnati q ST Louis.
800 Chicago. Milwaukee & ST Paul. -
Paterson 4 Hudson Company 400 Pat
erson 4 Ramapo. A5io Southern Pacl3-
value $50 800 eb United Railways Com
parv Of St Louis 800 United Railways In
vcstmcnt Company. 900 common and
700 preferred Union Pacific value $685.
75m. 800 preferred and ~ common South
orn Railway. 100 National Railways ~
Mexico. and so preferred and go common
Republic Railway and Light Company.
Mr.. Cutting had among his industrial
stocks 1855 American Beet Sugar. 1900
Federal Mining and Smelling. 1000 Ameri-
can smelters Securities Companies. 200
Metropolitan opera and Real Estate Com
pany 900 Mackay Companies. 1000 pre-
ferred and 90 common Ritz-Carlton Res
taurant and Hotel Company and 20 Cni.n
Gas and Electric Company.
The personal estate OF \. Wetmore Hal
sey. member OF the banking firm Of y. W
Halsey & Co. who died July /. 1911, was
appraised at SECS. O09 Mr.. Iialsey was
resident Of South Orange. y. j.. and the
value Of his real estate there was not in
cluded in the New York appraisal Mr..
Halscy's s. per cent interest In his bank
ing firm was valued at &i23,lA.
Charles H. Marshall. capitalist. and
Dock Commissioner under Mayor Hewitt.
who died July ?. 1872, in Paris, LETT an
estate appraised at sl,2W.38 His stocks
ard bouds were valued AZ 1884