1. Home
  2. Browse Decisions
  3. N.J.
  4. 4 N.J.
  5. 4 N.J. Super. 40 (1949)
 

SCHROEDER v. KELLY

4 N.J. Super. 40 (1949)

66 A.2d 456

MARIAN L. SCHROEDER, EXECUTRIX, ETC., AND ANOTHER, APPELLANTS, v. WILLIAM D. KELLY, STATE TAX COMMISSIONER, RESPONDENT.

Superior Court of New Jersey, Appellate Division.

Decided June 2, 1949.

Attorney(s) appearing for the Case

Mr. Ralph E. Lum, Jr. (Messrs. Lum, Fairlie & Foster, attorneys) argued the cause for the appellants.

Mr. Joseph A. Jansen (Mr. Theodore D. Parsons, Attorney General of the State of New Jersey, attorney; Mr. William A. Moore, special counsel) argued the cause for the respondent.

Before Judges JACOBS, EASTWOOD and BIGELOW.

The opinion of the court was delivered by BIGELOW, J.A.D.

The problem arises under our inheritance tax law. Testator, Arthur Schroeder, and his brother, Leslie, each owned 48 per cent. of the capital stock of a corporation. In 1937, when Arthur was 43 years old and Leslie was 38, they entered into a contract with the corporation whereby it bound itself to purchase from the estate of each of them within 30 days after his...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases