New York Court of Appeals December 21, 1906 (In Re the Appraisal Under the Transfer Tax Act of the Estate of Gordon)

Hiscock, J.

The question presented is whether a claim under a certain policy of life insurance issued by a Hew York corporation to and upon the life of a resident of Hew Jersey is property subject to a transfer tax in this state within subdivision 2 of section 220 of the Transfer Tax Law of 1896, which imposes a tax “ when the transfer is by will or intestate law of- property within the state and