An Important Bill Case.
(Per Press Association.) M elbourne, This Day. Justice A'Beckett has given judgment against the Crown in a case in which was claimed probate doty on a promissory note fox £55,000 amongst the effects, mentioned in the will of the late Howard Smith. It was a promissory note which was made payable on demand and represented the value of certain shares transferred by testator to his sons. The Crown claimed the note was, liable to duty. The defence was that the note was not inteaded to bo cashed, and was only to enable the father to prevent tbo sons selling the shares. The Judge held {.hat as the stamp had not been cancelled the document was of no value Jo the holder , and therefore Qf no 7alu«^^h:©-€^^; ; '';;,v;.j'.f ;■;,:,. r ■/■'■" - £
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https://paperspast.natlib.govt.nz/newspapers/FS18951216.2.19
Bibliographic details
Feilding Star, Volume XVII, Issue 143, 16 December 1895, Page 2
Word Count
132An Important Bill Case. Feilding Star, Volume XVII, Issue 143, 16 December 1895, Page 2
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