The Law Reports (Chancery Division)
[1945] Ch 72
[CHANCERY DIVISION]
In re
VISCOUNT ROTHERMERE, DECD.
MELLORS, BASDEN & COMPANY
v.
COUTTS & COMPANY.
Oct. 18;
Nov. 13.
Nov. 13.
VAISEY J.
Administration
— Covenant
— Annuity free of income tax
— Covenantor's estate actuarially insolvent
— Valuation of annuity
—
Finance Act, 1941 (4 & 5 Geo. 6, c. 30), s. 25, sub-s. 1.