636

A-I did not take it as including Coolies.

Q-By wages you of course mean Coolies employed in and about Godowns?

A-Yes.

Q-You did not allow for skilled men to carry on the business?

A-No.

Q-Don't you know that Mr. Howard was getting $300 per month for managing this business?

A-I did not know that.

Q-I suppose these new Godowns that were put up would have more modern appliances than Mr. Howard's ?

A-There is practically no difference. There is no machinery in any of the Godowns; they still have the same old wooden ladder.

Q-Don't they leave more space now for ventilation ?

A-Passing through a new Godown the other day, I saw every window shut. They don't like ventilation; Flour Godowns have all the windows shut.

Re-examination of Witness by Mr. Calthrop, Counsel for the Claimants:-

Q-When you made Valuations Nos. 1 and 4, was it not your opinion that, by conversion into an Inland Lot, the value of the land alone was depreciated 50

per cent. ?

A-Yes.

Q-Then land on the Praya, having a sea-frontage, is worth double the value of an Inland Lot?

A-Undoubtedly.

Q-With regard to the property that has been sold in 1881, you say it was sold for $80,000, but you know as a matter of fact that it was $85,000; I mean the Register shewed that ?

you ?

A-I do not know; I was not here. The date of the sale was 1881.

Do you know that Mr. Stephens bought it from the Mortgagees?

A-I do not know.

Q-Assuming that it was bought on a Mortgagees' sale, would it influence

A-Yes, of course it would. The Mortgagees might have forced the sale.

Q With regard to the value of the property in 1895 and 1898, assuming that it had still remained a Marine Lot, is it not your opinion that it would have been worth more ?

A-Probably.

Q-You assume that the $105,000, which you read to us from the Ordinance, was for 21,000 square feet, that is $5 per square foot ?

Share This Page