Board of National Missions of the Presbyterian Church in the United States of America, Appellants v. Aaron…

Summary

The Supreme Court of New Jersey affirmed the inheritance tax assessment against the Board of National Missions and the Board of Foreign Missions, holding that the boards are religious institutions, not educational institutions, and therefore not entitled to the statutory exemption. The court based its decision on a strict construction of the tax statutes and the ordinary meaning of "educational institution," while noting a concurrence that argued for the use of extrinsic legislative history.