THE LATE MR TAYLOR

Taranaki Daily News, Volume LIV, Issue 63, 5 September 1911, Page 5

THE LATE MR TAYLOR

THE VALUE C'F HIS ESTATE. By Telegraph—Press Association. Christchurch, Last Night. The special meeting of the T. E. Tavlor Memorial Committee was held this afternoon to receive a statement from the treasurer relative to the exact financial position of Mrs. Taylor and the family, and led to some heated discussion concerning the parties responsible for the circulation of statements described to he wilfully and maliciously false as to the value of the late Mr. Taylor's ! estate and the estate of his widow. The Mayor, who presided, ruled that he would not allow any argument, liquor v. nolicense, to take place. Mr. ('!. Bowron. a member of the executive committee, persisted in making statements to which the Mayor objected, and finally Mr. Douga.ll left the room, expressing resret that he had been driven to adopt that course. The meeting then broke up. Before the climax came, however, a statement detailing the value of Mr. and Mrs. Taylor's estates was made by Mr. Salter, which statement, the Mayor said, furnished a complete answer to "the allegations made to the (fleet that Mrs. Taylor had been left most comfortably off. Mr. Salter stated that that morn- j ing, Mr. Cole, Mr. Isitt, Mr. McCombs and himself had gone carefully into the figures relative to Mr. and .Mrs. Taylor's I estates. They went to the Valuation I Office and obtained, the Government valuations of the properties they had to deal with. The position was as follows: —The total value of the properties in which Mrs. Taylor had an interest was £IBB6 13s 4d (that included the house where the family were living); one-third interest in another property adjoining; a property in Hazelden road, and a. property at Aknroa. The total income from all sources, including the property let by Mr. Taylor, was £lB5 15s 6d, which, after deducting rates and insurances' ( £33) and £3O for upkeep of the dwellings, left a net income of £122 15s 6d. They had already stated, after going into the figures roughly, that the value of Mr. Taylor's property was i £2344. The .figures ascertained carefully subsequently showed the total to be £2340 17s Od. There were two items which were interest producing, namely, a loan on a mortgage and a house property in Harmon street, The other properties were not interest-producing, and the bulk of the cash would have to go to pay debts and to discharge a legacy to Air. Taylor's mother. The statement, therefore, made by Mr. Bishop at the opening meeting was well within the facts, and the total income available was not as much by £SO as was expected would be the ease. The figures he had presented had' been gone into by the four he had named, the actual figures from the Government Valuation Department being taken. The Mayor: I am very pleased to hear that statement, because I think it will bo regarded as a complete answer to any insinuations made on the subject. A PUBLICAN'S DENIAL. Christchurch, Last Night. Mr. E. Nordon, secretary of the Licensed Victuallers' Association, the gentleman referred to by name at the meeting as the one primarily responsible for the circulation of false rumors through New Zealand of Mrs. Taylor' means, gives an emphatic denial to the statements made. He explains that while having tea with a friend and another gentleman whom he did not know at the time, but who he had since ascertained was a friend of Mr. L. M. Isitt, he was drawn info a No-License argument. The conversation was brought, round to the question of the Tavlor Memorial Fund. He said, in the course I of conversation, that he had just been I informed that Mrs. T-iylor had £7OOO in her own ri«lit. that lie had further been informed that that fact would be made public in a. few da vs. He did not repeat that statement either before ot after that conversation nt the tea rooms, and never imagined that anv person would be guilty of such a breach of confidence as to repeat a friendly conversation. He gave an emphatic "denial to the statement made nt the meeting that either be or the Trade had done anvthinsr to injure the Tavlor Memorial Fund. ,