Once deserted, the Doric Star was quickly sunk. Seven heavy shells the eleven-inch guns of the Graf Spee hit the ship, but were not Guificient to sink her. A few minutes Jeter the final blow was given by a 0, and the cargo vessel was "to the bottom. She was the and largest, to be sunk by the "in three months of action from The basic cost of the building is represented by the cost of its construction, plus the value of the rent. The calculation must be made in local dollars, notwithstanding the increase Or decrease of this currency since the construction of the building.
In the case of a very pronounced drop in the local currency, however, this mode of calculation would be unjust to the landlord. Therefore, it appears fair to increase the basic price by a certain proportion. In this case it is proved that the cost of the building was US$320,000 in 1934. Such a sum, converted in local dol lars at the same rate as 1934, would represent $1,400,000 only, but it seems fair to increase this figure to $1,624,- 000, that is to say an increase of 16 per cent. The annual interest on the above capital may justly be fixed at 5 per cent.
Therefore, the total sums to be borne yearly by the tenants amount io $109,000, plus $26,733 and $81,200.
The share to be paid by each tenant must be fixed in proportion to the area occupied by him in comparison with the total area of the building. As an example, the rent for Apartment X, would be calculated as follows:—
Area occupied Upkeep expenses Interest on th meet per year or, $361.55 per month.
And it is, therefore decided that should the landlord realize an economy on the coal, the sums $0 saved Guring the period of July to Decem-;|ber, should benefit the tenants, and Should be divided between them in proportion to their respective rentals.
Text read from the printed page and cleaned; old type leaves the occasional error.