TE ARAI COMPENSATION CASE.
Per Press Association. ■ T , , m r Ciisborne, Saturday. Judgment in the Te Arai compensation case awarded the owner, the Hon. Kan<l»H Johnson, £100,502, the claim being lor £127,000. 'J'lie lessee was awarded X.IUI. Kadi award includes costs allowed, and a deduction of ±'3474 is made iroui the owner's award for the goodwill ot the lease Jiaving two and a-half years
' «.,,= „? lstlce le sntte& the award was not unanimous. Mr, Bateson, rep™, sentmg the owner, dissented, and Lm he considered the amount 'below tte selling value, while Mr. MattJ,ew ßo l fo? the Crown reluctantly agreed to the amount fixed so tliat foil might be an award His Honor was not sufprjJe/at Ins disagreement, as the values aiven »y experts were irreconcilable, BThe 8 The average value for claimant was £186,000 and tor the Government £IOI,OOO. One Government expert fixed it at £97,000.
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https://paperspast.natlib.govt.nz/newspapers/TDN19071104.2.17.6
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Taranaki Daily News, Volume L, Issue 61, 4 November 1907, Page 2
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146TE ARAI COMPENSATION CASE. Taranaki Daily News, Volume L, Issue 61, 4 November 1907, Page 2
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