New York Surrogate's Court January 30, 1912 (In re Chambers' Estate)

FOWLER, S.

This appeal from the order fixing tax is taken by the executor and trustee of decedent’s estate upon the ground that the appraiser erred in estimating the value of 1,208 shares of stock of the Singer Manufacturing Company held by the decedent. The appraiser valued this stock at $481. The executor contends that the stock at the date of decedent’s death was worth only $400'.