Download torrent Penfold on Rating. Practical Remarks [

Download torrent Penfold on Rating. Practical Remarks [

Penfold on Rating. Practical Remarks [&C.] Re-Written and Extended by J.T. Kershaw and W. Marshall by Charles Penfold
Penfold on Rating. Practical Remarks [&C.] Re-Written and Extended by J.T. Kershaw and W. Marshall
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Author: Charles Penfold
Number of Pages: 118 pages
Published Date: 01 Mar 2012
Publisher: Rarebooksclub.com
Publication Country: Miami Fl, United States
Language: English
Type: PDF
ISBN: 9781130146424
Download Link: Penfold on Rating. Practical Remarks [&C.] Re-Written and Extended by J.T. Kershaw and W. Marshall
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1884 Excerpt: ...by the Court. These allowed, claims must be considered here, because they can be arranged under no other head than as a deduction from the rent. They cannot be made a deduction from the gross receipts, for they are not tenant's working expenses, nor, some of them, even expenses at all; neither can they be deducted from the net receipts, for they in no way concern the tenant. Neither can they be deducted from the rateable value, for the rateable value is that which remains after all deductions have been made. The first of these is for an allowance for goodwill. In Deduction for making this claim the allegation is practically that the made.0r amount paid by the tenant, and which has hitherto been called the rent, is not so, in fact; but that it includes, not merely the rateable value and the amount for repairs, but also an amount in respect of the lessor's goodwill, which amount is not the produce of the hereditament, but of something which is not liable to be rated. This claim was made in the case of the Grand Junction Railway, and also in the case of the East London Water Company. With respect to the claim for an allowance in respect of goodwill, made by the Grand Junction Railway Company, Lord Denman, in his judgment, said: "The appellants, however, contend that, even if the principle of the rate be fair, some reasonable deductions are omitted. We have used the sufficiency of the deductions made as a mode of trying the principle; but the objection of the appellants, now to be considered, is one of detail. The only instance which they specify and rely on, is, that an allowance ought to be, and is not, made for goodwill. We presume by this is meant that a person bargaining with the company to become their yearly tenant of the railway in expectation of s...

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