ODLIN INCOME TAX CASE.

Shannon News, 28 September 1926, Page 2

ODLIN INCOME TAX CASE.

APPEAL WITHDRAWN. WELLINGTON, Sept. 26. The case in which the G. and A. Odlin Timber and I-liardware Co., Ltd., is charged with making false returns to the Income Tax Department took an unexpected turn today. After the case had been proceeding for three-quarters of an hour, the leading counsel for the company (Sir -John Findlay; K.C.) asked for a brief adjournment in order to allow him to confer with the other counsel on an important point. When the Court resumed, Sir John Findlay announced that the case had been settled. “I desire to state ” said Sir John “that the defendant company has agreed with the Crown to withdraw this appeal as arrangements have been entered into between the company and the Crown that the defendant company pay any sum insufficiently paid as tax together with costs but while making this arrangement, the company protests that notwithstanding the conviction Magistrate s Court, neither the company nor Mi C. C. Odlin has been guilty of fraud, but they admit liability for negligence. t apply for leave to withdraw th Mr a Macissey: “The Grown treats this as an absolute abandonment of the appeal and the Magistrate s con viction stands.” Mir Justice Reed: “The only thing this Court can do is to dismiss the appeal.’’