South Bend news-times. (South Bend, Ind.) 1913-1938, 1914-07-09
WYMAN ESTATE IS
STATE LEADER IN
INHERITANCE TAX
Pays Within $4,000 of Half of
Total Collected by Indiana
Treasury During the Last
Quarter.

Special Correspondence.
INDIANAPOLIS. July 9.- The
George Wyman estate. South Bend,
taxed at SfG.GS5 paid into the Indiana
state treasury within $4,000 OF half
the money paid in under the inherit
ance tax law during the last quarter,
according to report just filed by
Albert r.. Humke. inheritance tax in
vestigator, with the state board OF tax
commissioners. in which he estimates
that the total income 10 the state will
Dee in the neighborhOOd Of $500, 600
annually. Mr.. Humke shows that
total Of S7S,199.70 has been assessed
during the past three months, ending
June 30.
OF this amount s19,971.O1 was as
sessed in Marion county. IN the re-
port for the quarter endirz April l.
total of $11, 1910 was assessed in
Marion county and total of S19,769.-
90 was assessed in other counties OF
the state For the quarter ending
January /, S11,376.67 was assessed in
Marion county on estates and "a total
OF S4O,642.49 was assessed in other
counties. This made a total of APP
prOXimately 100000 for the three
quarters % the year or somewhere in
the neighbOrhOOd OF 100000 a year
that viii be the income Of the state
from the new tax each year. This is
much below the first estimate put on
the income from the tax. which was
placed at $500, 600 when the law was
passed.
Mr. Humke explains this falling off
by saying that the law does not be-
come compulsory until a year after
its passage and that sums paid in pri-
or TO the quarter just ended were
paid in voluntarily. The total paid
in for the last quarter should be
taken as the criterion for the remain
dor Of Fg Nre arraf1
ing $4,000 a quarter, the total for
the year might reach 100000.
Wyman Estate Helps.
one large amount of the tax paid
in during the last quarter came from
the Wyman estate in St. Joseph cOun-
~. The state received S16,OS5 from
this estate, the largest amount so
far reported by the state official.
That was the only estate VALIDATED in
st. Joseph county during the quarter.
Elkhart county had numerous es-
tates settled. including the following:
Albright $66.75; Grippe. $213.64; Gil
more, SCI; Fletcher. $7.45; Prescott,
$163.74; Yoder, $40.
Allen county was one Of the heavi-
est cont ibutOrs to the total during
the quarter just ended. The estate of
Andrew T.. Hoffman returned a total
tax of $1.446.S5 and the estate of Ny
ron Downing turned into the treas
Nigo county contributed two large
amounts with the estates Of Louis
Duebweg. S2,071.86, and James Ne
Gregor. $2.9O6.S9.
Regardless of these amounts as
sessed il is reported that all that the
state has actually received from the
payment OF inheritance taxes TO date
has been in the neighborhood of $3S,-
600, for the thirteen 1lOnths that the
law has been in operation.
Il am pleased 10 report that most
OF our regular permanent appraisers
are rendering satisfactory service by
appraising estates at their full market
value at a reasonable expense 30 the
state" Mr.. Humke says in his latest
report. The courts Of Wayne and
Madison counties have far disposed
Of all estates without appraisers.
other courts are beginning to follow
their example more and more. In
this way quite a sum is saved for the
state. $500. The latest scheme to de-
feat or reduce the tax Is TO file all |
kinds of claims against the estate. !
many Of which are fictitious or ex-
aggerated, drummed up TO diminish |
the valuation Of the property to an |
amount equal To or less than the
statutory exemptions. Some OF the |
courts are too liberal and Indifferent /
In recognizing and allowing these !
clgfr1e