BOWMAN, P. J. March 20, 1959.
Elizabethtown College has appealed from the transfer inheritance tax appraisement filed by the Commonwealth on April 8, 1958, in the estate of John C. Zug, who died September 7, 1956, at the age of 90 years. Involved is the question of the taxability of decedent's interest in an "Annuity Bond" of $20,000 issued by the college on February 21, 1945, and in two "Living Income Gift Contracts" issued by the college on March 16, 1953, and July...
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