THE PROPERTY TAX.
(by telegraph—own correspondent.)
Napier, this day,
The "Telegraph" commenting onMrSmart'3 letter to the " Southland News " relative to the'property tax paid by the Scottish and New Zealand Investment Society, points out that the Society has nearly half a million sterling invested in this colony, and yets the "Secretary states that this investment only yielded a net? profit of £5,455. "It is no part of our business to criticise management that can produce 6uoh n poor roeulb, bub wo do not think the English shareholders have reason bo complain at paying £2,176 property tax on nearly half a million invested in this colony."
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Auckland Star, Volume XX, Issue 150, 26 June 1889, Page 5
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104THE PROPERTY TAX. Auckland Star, Volume XX, Issue 150, 26 June 1889, Page 5
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