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DOW JONES & CO., INC. v. TAXATION DIV. DIR.

193 N.J. Super. 80 (1984)

472 A.2d 168

DOW JONES & COMPANY, INC., PLAINTIFF-APPELLANT, v. DIRECTOR, DIVISION OF TAXATION, DEFENDANT-RESPONDENT.

Superior Court of New Jersey, Appellate Division.

Decided March 2, 1984.

Attorney(s) appearing for the Case

Frederick T. Davis, a New York attorney, admitted pro hac vic argued the cause for appellant; Richard J. Pinto appeared on behalf of appellant, (Smith, Stratton, Wise, Heher & Brennan, attorneys).

Martin L. Wheelwright, Deputy Attorney General, argued the cause for respondent (Irwin I. Kimmelman, Attorney General of New Jersey, attorney; James J. Ciancia, Assistant Attorney General, of counsel).

Before Judges BISCHOFF, PETRELLA and BRODY.

PER CURIAM.

The judgment of the Tax Court under review is affirmed essentially for the reasons express by Judge Conley in his opinion published at 5 N.J.Tax 181 (Tax Ct. 1983).

The following observations are necessary to resolve contentions made by plaintiff in this court which are not covered in the published opinion.

In 1970 and 1971 Dow Jones purchased the printers here involved at a price of approximately ...

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