Garon, T.C.j.:—The appeals of the four appellants were heard on common evidence. Three of the appellants were represented by counsel, and the fourth, Pierre Daneau, acted for himself.

Dussault, T.CJ. [Translation]:—This is an appeal from the new assessments established by the respondent, the Minister of National Revenue, for the appellant's 1984 and 1985 taxation years.

Rip, T.C.J.:—The main issue in these appeals from assessments of income tax is whether 527208 Ontario Limited C Ontario") received money on the retirement of a debenture issued by Happy Valley Hotel Limited CH.V. Limited") on its own account or for the

Wetmore, J.:—Some facts are first necessary.

1. August 4, 1989—Shirlar Holdings Ltd. gave a general assignment of book accounts to the plaintiff.

Reed, J.:—The taxpayer appeals a decision of the Minister which disallowed his claim for full farm losses for the years 1978-1980.

Reed, J.:—The issue in this case is whether the plaintiff's claim that a reserve of $3,084,000 for doubtful debts for its 1982 taxation year is reasonable, as required by paragraph 20(1)(l) of the Income Tax Act, R.S.C. 1952, c.

Vancise, J.A.:—

Hirschfield. J.:—The respondent Coopers & Lybrand Limited (Coopers) as the Receiver and Manager of the respondent Triman Industries Ltd. (Triman) applies for a declaration that the Royal Bank of Canada (the Bank) has priority over Revenue Canada to all moneys paid into

Boyd, J.:—By way of interpleader application pursuant to Rule 48, the Provincial Crown "the Province") seeks to pay the sum of $13,172.77, less its taxed costs, into court and for further order that upon payment in, its liability to any party in

Hollinrake, J.A. (Macdonald and Toy, JJ.A. concurring):—This is an appeal from the Judgment of Hamilton, J. (as he now is) pronounced September 11, 1989 in which the proceeds from the sale of the defendant's Motor Carrier