The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-03-12
RAGGIN ESTATE
is $20,000,000
IN THIS STATE
Tentative Transfer Tax of
$4,000 Paid, Saving
$4,000.
SCHEDULES WILL BE
FILED TOMORROW

,R,>y. March ll.--A check for
, ouao has been received at the office
.,,.e Comptroller Travis as a tenta-
go, paymen. on the transfer tax on the
.,,,. Of James ben Ali Haggin. horse.
am and mine owner. who died at his
sumner home At Newport on September
g., l.lt By his payment before Mon
.y the oe.ate escapc a penalty OF
.ouo. which would hav accrued had
gu. r,,mcnt been made later.
Tho schedules in the estate. which will
Ii. fled on Monday in the office OF
, u,putv Comptroller Boardman in New
yo-x city. show that the total value Of
,sc New York estate will bc in excess
az 500 0o. o0o. which il $4,000. 900 more
Inn The estimate made at tho time
Mr. Haggins will was flied. The
S.o.OoO.0OO estimate does not include
Nr llagein's paintings or the product
o. his breeding farm for thoroughbred
horses IN Kentucky.
stocks Chief Asset.
Tie chef asset Is in stocks, estimated
"a, si34Oq. 600. consisting OF a few large
tcidings in mining and real estate COM
NAMES. The most valuable 10 stock in
tie IIomestake Mining Company In
south Dakota, appraised at $4,000 900.
Ills stock in the Kern County Land
company OF California is worth $780,
600 and his 81. 600. 600 par value OF stock
IN the Cetro de Pasco Mining Company
Peru is valued at 5000. 600. He held
100000 IN Cerro de Pasco bonds. The
ra.ude- OF his stocks n made up OF
.tr,> in California. Kentucky and Mon
alH mining corporations.
MI. iiacgn left New York real estate
mated by the estate at S3,SSl,5 500,
.ie ~ of the following parcels: City
..>,I,p,e at | East SiNty-fourth street,
-ouo ground at 80. Fifth avenue,
g4 ei 10y the Progress Club. 3115.000
TO-. and ga broadway. 100000: 4Si
Broadway. $685. 900 5S7 Fifth avenue,
tj.iooo - and - Franklin street. $780,.
.n. SO To- 357 Broadway, s36o.0O0 AL
Madison avenue, $4,000; 81 to 81
r,' iioth street. $4,000 81 acres al
,5.> .o,i and Gravesend avenue. Brook
.-. used as training quarters for horses
$4,000. ard 3ln to 31+ West 14ls,
.r,t. S2u.5ou. lie owned 300 shares OF
. 'ropolitin opera and Real Estate
o#1'nv. worth 100000.
t- j.e items III the estate were
,-tt.tiI: personal chattels, $751;.
bonds. $l.lo7.S3t: mortgages. 49,
counts receivable. S209,0 41. anC
.-urv notes. 5000 $40.
n"ht~ ~ $1,000. 1000.
. I..tS Included 81. 900. 900 in note.
-.r.uuu III accounts payable. The
expenses We're S2,l23.
u. Hgs-.u left onc-ifth OF his resid
,'itc ~ his widow. Margaret W
.n and tu equal share to his son
-..S y. i|dgcin. ~ addition to the prop
r'. al Madison venue. His daugh
N- Edith II. Iounsbcry got q !iftl
.-;.tte. less Slaj. 400, as the valu,
~ . ,ruperty at II East Fifty-seconI
s'.-,f. -iten TO her .during her lifetime
t~p received 100000. to be divide
t'a.,. hor children. Richard Lounsber,
Mr. Edith l.. Perry. \ fifth ven
laughter Mrs. Mabel McAfe'
Preston. less $4,000 TO be paid to he
"e other NTH was left in trust TO
v Ice ". IIaagin, widow OF the dece
"''- son. Ben Ali Haggin. until he
or r"marriage. from which sh,
, 30 go to her o II James Ben Al
p egin and Louis Lee Haggin.
THE New York appraisal does not In
ca1" vt.lable real estate in California
tnI Newport n the Elmendorf stool
arm ~ kentucky.
Pays S5OO.OOO in California.
SAY Francisco. March It'll,
'rgeet collateral inheritance tax pay
'f.t on record IN this city. n said q
10 tho largest In California. was mad
'I"I4y when a, certified check for $500,
,'o was turned over to City Treasure
John T.. McDougsld as part of the in
an r. I~Iagrln.
'.'toruit belonging to the estate 4
Dot enirplctrd. When II is the remainde
nc ttN viii he paid. William A. Sui
Van, stat" insurance tax appraiser
- mates that the value OF the propert,
b.. ~ least s7.i0O, 900 and the estate ma,
i.' t~-S".Nun more.
hacS.n was IA large s~tockholder h
~ Kern county Land Company. tn
homo.'thc Mining Company and othe
~ corporations organized here, an,
is ..o,E holdings form most OF his Call
'0'i estate. The estate Is also oblige,
90 ut" au Inheritance tax on the sam
'.u'iiy 100 New York.
Treasurer McDougald arranged 70
''tI sm.~Sion of the $500, 10
.o."h '.c Bank OF California 20 tn
AT comp roller.
RUSSIA NOT ARcnY uTETV INV