In re A Proposed Sale Mountney to Young - [1947] NZLR 436

Landlord and Tenant — Land Sales — Jurisdiction — Sale of Property as Going Concern — Single Contract of Sale comprising Land and Personal Property — Indivisible Transaction in accordance with its Terms — Court's Duty — Apportionment by Parties — One Transaction or Related Transactions — Excess of Value payable for Property in Related Transaction — Powers of Court — Hotel Property — Duty of Committee to take into account Value of License, Goodwill, and other Personal Property sold — Assessment as at Date of Sale, not at Material Date — "Speculative purposes" — Value — Ascertainment of Value of Hotels and their Goodwill generally — Servicemen's Settlement and Land Sales Act, 1943, ss 43, 50 (3) (b), 63.