The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1915-04-10

=, provision is herein made
state e nf by the Legislature of tn
co Secuon l. All property, corporal or in
the jurisdiction Of the State Wsefbe %itb be
I not Ebi to the Inhabitants of the state o.
laws M regalat shal pass by will or BY tn
Dy deed, grant or gift made in contem
t Riaaoion OF death, or made or intended t.
a1ter the death of the grantor to any per
e SOB absolutely or in trust-except in cast
s snd a IN money or moneys worth
i HfG except property to or for the use OF
Dts;HtevoIent and charitable societies or in.
S.tutIons; provided, such entities the
ta0aPtiny SO passing to be exempt from
~ tShaaIlon and except property to or fol
the use of the state, county or a munich
Ss 6er LOT pubic purp9ses.shall be taxed
utes, whether they succeed to the owner
snip of their respective shares by reason
law OF descents and distributions, or by
tHeed' grant or gift made in eontempla-
lows; Class A shall consist of the surviv-
Ing husband, or wife, the 1ineal ancestors,
nneaI descendants, adopted child or chill
dren, Hneal descendants of any adopted
child, the wife or widow of a son, or the
husband of a daughter of the decedent.
Glass b shall consist of the brothers, and
sisters, of the decedent. Glass c shall
eSnslSf OF relatives in all degrees Of con-
classes A and. B, and shall include also
strangers in the blood of the decedent.
famed under the provisions of this act
and succeeded to by the several distribu-
lows: To all members of class A the
full value of their shares; to members of
vided for shall be charged only upon the
excess value of the shares over and above
that when one or more of the shares of
an estate shall consist Of property within
and property. without the state, only such
percentage of the exemptions abOve-named
shall be allowed as is the percentage with
In the state of the total value. of the
gift, legacy, Inheritance, transfer appoint
ment or interest which shall be valued. for
the purposes of this act after exemptions
are allowed, at a less sum than $500, shall
not be subject to the tax hereby imposed.
Upon the value of shares succeeded to by
members of class in excess of the ex-
emptions herein declared, the following
rates of tax are hereby imposed: On the
cent; on the second $4,000, or fraction
onereoI, i've per cent on the next SoO4o0.s
per cent; on the next 100000, or fraction
Twelve and one-haif per cent. e Upon gOt the
value of shares succeeded to by members
of class C. the following rates Of taxes are
S25.0OO;,. or fraction thereof, seven and
fraction thereof, ten per cent; on the next
100000, or fraction thereof, twelve and
fifteen per cent. All taxes herein ~ progid
ed for shall be for the use of the state;
and any grantees under any such convey,
ance made during the grantor's life shall
the legal rate Until the the same Shall have
have been transferred by grant or gift in
when such grant or gift shall have been
executed within one year prior to the
death of the grantor or donor.
Sec. 2. Except as hereinafter provided,
taxes imposed by the provisions of this
urer of the county in which is situated the
Probate court having jurisdiction, as in
ministrators or trustees, at the expiration
of one year after the date of their giving
are paid or delivered within the one wear
the taxes theron shall be payable at the
bT de eases srsn ore & is
shall be due and payable at the time of
at the legal rate shall be charged and col
payable fo Property of Which same dee esam
died seized or possessed, subject to taxes
erty acquired in substitution therefor,
and interest thereon which are may be-
come due on such property; but said lien
shall shall no not affect t.. any personal property
of for value by the executors, admins
traitors or trustees. The lien charged by
parcel thereof may be discharged by the
payment of all taxes due and to become
real estate or such lien for taxes may be
in relation to any real estate or
parcel thereof, on condition that
the payment of the tax to the state is
first secured by bond deposit, or that
other real estate is substituted in the
place of that which is sought to be re-
leased; provided, that the probate court
bond or deposit rendered. or shall approve
of the substitution of other real estate as
security for the taxes in lieu of that which
is o be relPa
Sec. ). In every case where there shall
be beqnest or grant Of personal estate
sion or enjoyment after the death of the
grantor, to take effect in possession or
piration of more life estates or |
term of years, whether conditional upon
pendent upon the exercise of a discretion |
or subject to power of appointment or
grantor may deposit with the county
treasurer a sum of money sufficient in
all taxes which may become due upon
such bequest or grant; or any executor,
person interested in such bequest or grant.
may give bond to the probate court having
in such amount and with such sureties as
the court may approve, with the condition
mission when said tax becomes due, and
shall then pay the same to the county
treasurer; provided, that every such bond
default of the renewal thereof from time
such bond shall be deemed to be broken,
and the recovery of the tax secured there
by may be obtained by an action on the
bond without awaiting the maturity of
the tax.
Sec T. The tax upon the several shares
of estate, as herein provided, shall be !
determined the actual value of the
property at the time of the death of the
decedent; and when any property in
terest therein. or income therefroln. shall |
pass or be limited for the life of another. |
or for a term of years, or to terminate on
the expiration of a certain period, the
value of the said life estate, term of years, |
or period of limitation shall be fixed ac-
cording TO the American Experience Ia /
bles' at five per cent compound interest /