
    UNIVERSAL INSURANCE COMPANY AND UNIVERSAL INDEMNITY INSURANCE COMPANY, APPELLANTS, v. STATE BOARD OF TAX APPEALS OF THE STATE OF NEW JERSEY ET AL., RESPONDENTS.
    Argued February 4, 1938 —
    Decided April 29, 1938.
    For the appellants, Child, Riker, Marsh & Shipman.
    
    For the respondents, John A. Matthews.
    
   Per Curiam.

The judgment under review herein should be affirmed, for the reasons expressed in the opinion delivered by Mr. Justice Perskie in the Supreme Court.

For affirmance — The Chancellor, Chief Justice, Parker, Donges, Dear, Wells, WolfsKeil, Rafferty, JJ. 8.

For affirmance as lo first and third counts only — Case, Hetfield, Walker, JJ. 3.

For reversal as to first and third counts — None.

For reversal as to second and fourth counts only — Case, Hetfield, Walker, JJ. 3.  