In re Hunter (deceased) New Zealand Insurance Company Limited v Hunter and Others - [1958] NZLR 654

Trusts and Trustees — Powers of Trustees — Depreciation Reserve — Farming Business carried on by Trustee — Depreciation Reserve in Respect of Stock, Plant, and Farm Buildings — Trustee's Duty to decide whether to charge Depreciation and Quantum of Same — Proper Rate for Depreciation of Farm Buildings Matter of Eridence — Life-tenant's Right to Rents and Profits of Realty until Sold — Depreciation in Relation to City Buildings wherein No Business carried on.