Opinion
Submitted April 27, 1982.
Decided May 14, 1982.
Appeal from the Tax Court of New Jersey.
Waters, McPherson, Hudzin McNeill, attorneys for the appellant ( Richard P. Venino and Joseph G. Ragno on the brief).
Irwin I. Kimmelman, Attorney General of New Jersey, attorney for the respondent ( James R. Zazzali, former Attorney General of New Jersey; Andrea M. Silkowitz, Deputy Attorney General, of counsel, Martin L. Wheelwright, Deputy Attorney General, on the brief).
Before Judges MATTHEWS, PRESSLER and PETRELLA.
The judgment of the Tax Court, 3 N.J. Tax. 133, herein appealed from is affirmed substantially for the reasons set forth by Judge Andrew in his reported opinion.