NOTICES TO CORRESPONDENTS.

Otago Daily Times, Issue 21994, 1 July 1933, Page 10

NOTICES TO CORRESPONDENTS.

" Launch,” Quecnstown.—lf the contract was entered Into between January 1, 1925, and January 1, 1930, and the rights come within the legal definition of rent the reduction would be automatic. If the contract was made before that date the value of the rights would be determined as at January

30, 1930. “ Johnny Walker.”—Referred to management

for its reply, “ Auckland.” — (1) The gold Is valued on the basis of £3 17s 107 d per ounce. (2) At the rate of 4.50d0l for each pound. (3) At sovereign value £3 17s 10Jd; therefore £188.095,943. (4) Yes, the departments are kept separate. (5) The hanks pay a* tax of 4! per cent, on the value of notes in circulation. Notes which are lost or destroyed arc subject to this tax. In the event of loss or destruction of notes the banks, on receipt of sufficient proof of loss and of a satisfactory indemnity against a substantial claim, will pay out

on the value of the notes. A. N. W. —A dividing fence is generally a joint property and the parties interested are responsible for its upkeep or replacement. The Fencing Act provides for the apportionment of costs. If one party has erected a fence without consultation with liis neighbour he cannot claim interest on the cost of any portion.