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 organizations, not primary educational institutions, and therefore not entitled to the statutory exemption. Justice Jacobs, in a concurring opinion, argued that the legislative statement attached to the 1948 amendment should be considered and would have held the boards exempt.