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13.07.1956AFFIDAVIT OF A.H. TRAVES

AFFIDAVITS

Affidavit of A.H. Traves – 13.07.1956

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I, ARTHUR HAROLD TRAVES of 6 Love Street Northgate Brisbane in the State or Queensland Secretary make oath and say as follows:- 1. I am the Secretary of the Queensland Newsagency Transfer Board a trade Association which deals with all transfers and valuations or newsagencies in Queensland which in most cases include the sale of nagaz1nes periodicals and newspapers. 2. I have read paragraph 15 of the Affidavit of Herbert Leslie Kelly sworn herein on the twentyninth day of August 1955. 3. On the figures as therein set out I assess the capital value of the units involved or the goodwill of that business as a going concern as approximately Two thousand five hundred and sixtyfive pounds 4. This estimate is based on the rate or Two hundred and twentyfive pounds per 1000 twopenny weekly units which is the average sum per 1000 twopenny units adopted for the valuation of the goodwill of all businesses dealt with for transfer and valuation purposes by the said Board. 5. This basis or assessing the value of the goodwill of such businesses is accepted and has been accepted for many years by the Commissioner of Stamp Duties, Queensland, for Probate and Succession Duty purposes and for all purposes of the Stamp Acts. SWORN by the Deponent ARTHUR HAROLD TRAVES at Brisbane in the State of QUeensland this thirtieth day of July 1956.

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