COURT OF APPEAL.
(By Telegraph,-Press Association,) • Wellington,. Monday] The case of; the Wellington and Monawatu-Railway Company v. the Commissioner of Taxes, is being argued in the Court of Appeal to-day, before'; Justices ! Prendergast, JRichm'ond, Deoniston, and Conolly, . The; caso is one removed, from the Supreme Court. The questions for decision are whotber holders of.tho Company's debentures are liable to taxation under the Land and 'lncome Tax Assessments: Act3'of 1891 and 1892, on tbo: whole amount, of.the debentures (£680,000) irrespeclivo of th» taxable property of the Company, bn-; : iyhicli v ohargeß' tlrtSCommissioner claims the. tax as payable on the whole; f680,000, aud if not/then on tho value of railway'.and rolling stocks, Mr Edwards appears for the Company,.and Mr Gully for tho Commissioner, -
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Wairarapa Daily Times, Volume XV, Issue 4407, 1 May 1893, Page 3
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121COURT OF APPEAL. Wairarapa Daily Times, Volume XV, Issue 4407, 1 May 1893, Page 3
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