Thurlow,
J
(per
curiam—judgment
delivered
from
the
Bench):—We
do
not
need
to
hear
you
Mr
Chalmers
and
Mr
Lefebvre.
Notwithstanding
the
very
able
argument
of
Mr
Vineberg
on
behalf
of
the
appellant
we
are
all
of
the
opinion
that
the
amounts
of
$10,000
received
by
the
appellant
from
Richstone
Bakeries
Inc
in
each
of
the
years
1964
and
1965
can
reasonably
be
regarded
as
having
been
received
in
consideration
for
covenant
with
reference
to
what
the
appellant
was
not
to
do
after
the
termination
of
his
employment
as
an
officer
or
employee
of
Richstone
Bakeries
Inc
within
the
meaning
of
section
25
of
the
Income
Tax
Act
and
that
the
Tax
Appeal
Board
and
the
learned
trial
judge
did
not
err
in
concluding
that
these
amounts
were
properly
included
in
the
appellant’s
income
for
the
taxation
years
in
question.
The
appeal
will
be
dismissed
with
costs.
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