COMPENSATION COURT.

Dominion, Volume 3, Issue 641, 19 October 1909, Page 3

COMPENSATION COURT.

I■ .. THE PENCARROWjJTJArV CLAW. ■;. ■.;,,■■ i<oo AWARDED ■'. IHHI

". ' ■''-, LAND AT PETONE. : TAKEN-PROM THE WOOLLEN COMPANY Piiit parttS: 0 andMr - A " H " MileCTa ß^ Mr. M.-Chapman, K.C., with him Mr s- a Atkinson,- appeared for claimants and : Mr' Pf n J to ftepd tteir business the taking of the land would.be a substantial loss. A mint for a? SZ d f*F of tho Court in Cputing tne amount of compensation to be awanM would be the fact that the compsny were en .titled not merely to-the value of the 1£ as building-land, but to whaifit worth to them: ,n.conjunction with their woollen work? Endcnce. would be given as to the extent to which; the . company were prejudiced by the taking or the land. They would have to alter the form oHhe proposed buildings, and uHlise another part of fteir land. It would be neces° aary now to gear some of the machinerv at « - Mr. Justice Sim: Does the Department'.offer Mr. Myers replied, that no compensation had been offered, except in regard to tie restoration of tho land No statutory offer had been made and.he considered it improper that the amount! of any offers made without prejudice should be disclosed by the parties to their assessors He himself had always made a'practico of never doing nnything of tho land. Evidence as to the intentions of the compaay woi given by the chairman of directors and as U the present market value of tho land by a number of city land agents. At the conclusion of tho ense for tho DeDart ment, the Court announced that its decision would be given at 2.30 p.m. to-day.