STRANGE ASSESSMENT CASE.

Oamaru Mail, Volume XXXVII, Issue 10239, 31 August 1909, Page 2

STRANGE ASSESSMENT CASE.

•(Per Press Association.) Gisborne, August 30. A case of interest to farmers was included in the local sittings of the Assessment Court, which was called on to hear the protest of Peter "Wright, Motu, a farmer, against being assessed at £3690 for timber standing on his land. It is generally admitted that when the railway reaches Motu, which may be the case in five years' time, any timber then standing will be worth a considerable amount. This fact apparently actuated the Government valuer, who seemed to think the farmer was refraining from ~clea,ring part of his land because of the speculative value of the timber. The-Court ruled that as the timber was of no value at the present time; there being no means to get it to a market, the valuation must be reduced by £3690.