, 1924-07-17

Inheritance tax imposed by IL
Mr.. Coe, a son-in-law of I
Park county one of the finest stock
ranches in the west. He and Mrs.
Coe have been very large contribu-
tors to Wyoming charities, one of
their notable philanthropies being a
gift of 100000 to the Memorial hos
pital at Cheyenne at n time when,
had it not been for this contribu-
tion, the plans for that splendid in
stitution would necessarily have
been greatly modified because of
lack of essential finances. Some es-
Inmates of the Coe fortune place it
as high as a quarter of a billion
dollars.
Bishop Thomas, in announcing
plans for a drive" for the Cathe-
dral Home for Children and making
public Mr.. Goes offer to duplicate,
dollar for dollar, up to $4,000, con-
tributions made by Wyoming resi-
dents. said:
THE Cathedral Home for Child
rem was the first institution in the
State of Wyoming for the care OF de-
pendent children. It's operation re-
qufres heavy expense, as more thar
80 children are resident in the home
constantly. Whenever there is a va
cancy by adoption, a new child Is I'M
mediately taken into the home with
the result that the home has never
less than SO children to are for.
The demands for admission have
been so great that the committee
some two years & purchased the
county poo farm. adjoining the
home. But the money has not been
forthcoming to remodel the building
n equip It. inasmuch as the home
was %laboring under some $4,000 of
debts. 1t has been determined now
to put on a drive to eliminate the
indebtedness and to put the poor
farm in shape for the housing OF SO
building for the care Of so girls.
The appeal 10 to be made to the peO-
pie Of the State In the near future
on the ground that the home cares
for orphans. irrespective Of race or
creed and 10 managed by . board
OF directors made up without refer
euce to church a%ffiliation This il
the nrst public call for funds made
for this charity. although II was the
nrst Of its kind to be organized and
whose operating costs are u~ndoubted-
~ the heaviest. The money which
will be solicited 10 not 10 provide
for accumulated debts nor for cur
rent expenses. but only to caro- for
10 the fabric and for construction
! sS the buildings which are deaper-
atoiy needed to provide for IN in
creased number of children"
z , In his plans for the coming drive.
Bishop Thomas appealed to william
r. Coo Of New York City. asking
hin Il he would b willing to give
sas dollar for every dollar raised
r tnl The state up to e3S.ooo. In a.
svsr 70 tAs appeal. Mr.. Coz he's
vrittea 20 strong and valuable .
letter Involving issues connected
with the welfare ot the State. that
, ~ Bishop Wired him asking him
he would be willing 10 release the
letter for publication. This he has
done. The letter II a. follow:
Rt. Rev. N. 8. Thomas.
Laramie. Wyoming.
ny Dear BiShop:
must apologize for the delay in
replying to your letter concerning
the fund that ID being raised for tho
Cathedral Home for Children. l
> wished to give II mature thought on
account OF the new situation that
has arisen - regards my status In
You cay: Tho only man In the
State that could possibly. even II no
wese 20 minded. give 80 great . sum
etc." IL myself. %
IL am afraid you are starting on
IN incorrect h~ypothssis. Since jan
vary LIST my wife and l have been
Obliged to abandon Wyoming q our
legal residence and we ara now res
hents Of New York State. II was
with much regret that We took this
step. but the action Of the Wyoming
n Legislature IN rsising tho Inheri-
lance Tax rate from : per cent to 8
per cent left US no other course. II
We wore TO protect our intcrests.
was advised by my counsel that
, - No maintained = residence n New
d York and spcnt . portion Of our
limo here zach year our estates
would have TO pay the New York
otAsa Inheritance Tax Of ( per cent
10 ADDITION 70 the Wyoming tax. I'm
? II recently the maximum Federal
lnheritAncs VISA Is per cont, and
COngreas has juat raised Il to 30 per
csat. Between the Federal Govern
nsnt aAd the states. AVIATION u fast
pooehtAl ~ polnt q con1seetisA
eagleea. CIT g ~ unite1 otstes.
V1all ~ AeSo obteDesd - ~ In.
Assernes 4Nyt1efre p
Ei&HHEiI':is';% !;