SUCCESSION DUTY. A CROWN CLAIM.
THE EICHMOND ESTATES. JUDGMENT GIVEN. By Telegraph.— rress Association.— Copyiight. (Received August 1, 8.44 a.m.) LONDON,- 31st July. In connection with the Crown case against the Dulco of Richmond, Mr. Justice Bray in reference to tho Scottish estates gave reserved judgment for tho Duke of Richmond, on the ground that the encumbrances which had been created were genuine, but in regard to tho Goodwood estate, duty was payable* on tho principal value of the estate.
The Crown proceeded against the Duke to recover £780,000. The lato Duke cut off tho entail, creating encumbrances in favoui of Lord March, present heir to the title, and in favour of Lord Settrington (Earl March's infant son) to the extent of £287,000. The Crown contended that the encumbrances were designed to remove the estate from the operation of the Finance Act of 1834.
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Evening Post, Volume LXXIV, Issue 28, 1 August 1907, Page 7
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144SUCCESSION DUTY. A CROWN CLAIM. Evening Post, Volume LXXIV, Issue 28, 1 August 1907, Page 7
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