MR. PIKE PEASETo ask the Secretary of State for War what is the estimated capital value of the buildings, drill halls, and ranges, belonging to the Volunteer forces.
(Answered by Mr. Secretary Haldane.) The official Returns from the Volunteer corps on the 31st March, 1906 (the latest available), show the estimated value of the property as follows:—
£ | |
(a) Vested in Officer Commanding or his successors | 1,080,000 |
(b) Vested in trustees, etc. | 92,000 |
§ The estimated value is in most cases based on the cost rather than the commercial value.