DOMINION NEWS.

Taranaki Daily News, 7 May 1918, Page 5

DOMINION NEWS.

KIMTJI OCMPTJEJCEL'Si ON THE MANUEAUi KSE. Auckland, May d. By Telegraph.—Press Association. • The steamer Eimu, from was .crossing the Manukau bar thu( ;J morning when slie was overtaken by a' • heavy sea, wliich completely enveloped the siteaoier, only the mast showing above water. Gaiah. the chief mate, an? ■ a seaman named Bowland Christian, > swept oveiiboard and almost certainly! drowned. Gash escaped by climbing iritjt a boat on the davits. APPEAL- COURT JUDGMENT '" Wellington, May <J. • Judgraenit was delivered in the Apvca! Court in the case Lord Inchcape v. Minister of Stamps. This was an appeal against the assessment of stamp duty in .'? respect of the transfer of certain Union 'i Company shares for a consideration, partly in cash and partly for an amount of deferred stock in the P. and 0. Company. The question at issue was whether duty was payalble on the cash. port of the cosiderotion or on the value of the stock also. The Court held that the transaction was an exehango under section 2 of the 'Stamp Duties Aniendiuent Act, 1013, and that duty was payable on hotih. The appeal was therefore dismissed, on? m SoifAi'B.ti Arep sfossaA jo ssaf : the right of ultimate seizure, and if ptoKarori Borough Council, a case affecting the extension of the cemetery, the appeal was dismissed. 'ALLEGED ILLEGAL TRAWLINGAuckland, May 8. Two steam trawlers, the Countess and Muriel, owned by Sanford, Ltd., have been arrested by the Inspector of Fish- ~ eries on suspicion of trawling within the prohibited area in the Gulf. Both trawlers are allowed to continue trawl- '• ing, but the Department does nnt waive the right of ultimate seizure, and of proceedings are taken and conviction recorded, the value of f-.ho fisli will be claimed by the Department. The masters of both vessels deny trawling in the ' prohibited area.