Wisconsin Supreme Court May 2, 1916 (Klar Piquett Mining Co. v. Town of Platteville)

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United States · · · 02-05-1916

ViNJE, J.

The record shows that $16,173.58 for royalties, $5,000 for depreciation on equipment or plant, in addi*216tion to the customary deductions, were claimed and allowed. Tbe claim of $65,000 depreciation on ore body was made solely on account of the depreciation of the mine by reason of the diminished quantity of ore in it after the mining operations of the year.

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