643

A-There is not a very great deal of difference in the heights of most Godowns. It would perhaps be the most accurate way; the cubit contents would certainly be more reliable than the superficial area.

Q-I see you put in a plan which has been made by your Firm in connection with this question of Godowns?

A-Yes.

Q-Why did you leave out Marine Lot 183?

A-Well, I had no means of acquiring information with regard to it.

Q-Could you not find out from the Assessor's Office what 183 was let for?

A-Well, it would not have helped very much.

Q-I put it to you that 183 was let in 1899 and 1900 for $500 per month ?

A-I have inade no enquiries. I had opportunities of acquiring information with regard to the other properties which I did not have with regard to 183.

Q-Would you mind looking at 183 on the plan, do you not think that the value of Lot 183 being a corner Lot adjoining the street, would be a fair guide as to the value of Lot 184 ?

A-I agree that that would be a fair comparison.

Q-As regards the rental of the building on Lot 179, which is one of these Lots you have left in, can you tell us how high it is? Is it as high as 29 feet?

A-I have built it, but I do not know how high it is. I should say it is not as high as 29 feet.

Q-And in Howard's Godown, the ground floor to the roof measures only 19 feet 7 inches. Do you know that ?

A-I do not know, but I will refer to plan [refers to plan]. Well, I have got it down as 20 feet.

Q-Don't you find that the building on Lot 179, is 29 feet high?

A-I have not got any reference to this.

Q-Don't you think that if this were so, it would rather upset the superficial area calculation?

A-It might.

Q-Well, 183, as we have stated, was let in 1899 and 1900 to the Godown Company at $500 per month. We make out that the cubic contents of 183 was 728,850 feet, and that of Marine Lot 184, 1,081,789 cubic feet. Making a pro- portion sum of $500 per month that would make the rent of Howard's $8,509 a year?

A-That is so.

Q-$8,509 a year-you see your calculation comes out at $15,400?

A-Yes; that is based on various Godowns.

Q-As regards your Valuation No. 2, I think you have taken your deductions from Mr. Howard's figures?

A-No. I did not.

Q-How did you get them?

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