An Interesting Point.
(Per Press Association). Napier, June 14. A case of importance to religious bodies was before tbe Chief Justice to-day. In 1877 Chas. James Nairn, sheep farmer, executed a deed by whicb be gave to the Church England £10,000, payable at bis death, be in tbe meantime to pay 5 per cent interest on tbe amount. Nairn died last year, when the Commissioner of Taxes claimed 10 per cent legacy duty. This the executors resisted on tbe ground that the gift was made prior to tbe passing of the Act of 1881, under which claim was made, and was not in the nature of a legacy bequathed by a will. His Honor reserved l*ns decision.
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Bibliographic details
Feilding Star, Volume XVI, Issue 293, 15 June 1895, Page 3
Word Count
118An Interesting Point. Feilding Star, Volume XVI, Issue 293, 15 June 1895, Page 3
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