Case Name: The People of the State of New York ex rel. The Farmers' Loan and Trust Company and Others, as Executors of and Trustees under the Last Will and Testament of Eugene A. Hoffman, Deceased, Appellants, v. James L. Wells and Others, as Commissioners of Taxes and Assessments of the City of New York, Respondents
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1904-05
Citations: 94 A.D. 463
Docket Number: 
Parties: The People of the State of New York ex rel. The Farmers’ Loan and Trust Company and Others, as Executors of and Trustees under the Last Will and Testament of Eugene A. Hoffman, Deceased, Appellants, v. James L. Wells and Others, as Commissioners of Taxes and Assessments of the City of New York, Respondents.
Judges: 
Reporter: Appellate Division Reports
Volume: 94
Pages: 463–466

Head Matter:
The People of the State of New York ex rel. The Farmers’ Loan and Trust Company and Others, as Executors of and Trustees under the Last Will and Testament of Eugene A. Hoffman, Deceased, Appellants, v. James L. Wells and Others, as Commissioners of Taxes and Assessments of the City of New York, Respondents.
Assessment for personal property located in the State of New York—effect of the non-residence of one of three executors — what deductions are allowable.
Where the will of a deceased resident -of the State of New York appoints as executors and trustees a resident of the State of New Jersey and two residents of the State of New York, the amount of an assessment for personal property under the control of the executors and trustees in the State of New York is not, by reason of the non-residence of the third executor and trustee, limited to two-thirds of the amount of such personal property.
In making such an assessment the executors and trustees are not entitled to have deducted therefrom mortgages which were liens upon parcels of real estate when acquired by the testator, but which the testator had not assumed.
*• Appeal by the relators, The Farmers’ Loan and Trust Company and others, as executors of and trustees under the last will and tes lament of Eugene A. Hoffman, deceased, from an order of the Supreme Court, made at the New York Special Term and entered in the office of the clerk of the county of New York on the 12th day of March, 1904, denying the relators’ motion to vacate a certain assessment on personal property and confirming said assessment.
William IT. Ha/rris, for the appellants.
George 8. Ooleman, for the respondents.

Opinion:
Order affirmed, with costs, on opinion of court below.
Patterson, J., concurred in result.