THE MACARTHY BEQUEST.
SPECIAL ACT NECESSARY. It ie understood now that Wellington will not after all benefit to such a very large extent as was expected by the Maearthy bequest. A revaluation of the estate indicates that instead of being of the supposed value of JJSOO.OOO, it is not of a ffrcutcr value than between -£370,000 and .£380,000. It is also understood that tho estate.is so tied up by the will that during the life of tho widow the bequests to tho city will not amount to much more than £Cm a year. It will bo necessary to pass a special Bill through Parliament this year in connection with tho administration of the bequests.
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Dominion, Volume 5, Issue 1544, 13 September 1912, Page 4
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114THE MACARTHY BEQUEST. Dominion, Volume 5, Issue 1544, 13 September 1912, Page 4
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