Minnesota Power & L. Co. v. Personal Prop. Tax, Etc.

Knutson, Chief Justice.

This is an appeal by a taxing district from a summary judgment entered pursuant to an order of the district court granting petitioner, Minnesota Power & Light Company, relief from payment of ad valorem taxes on certain of its personal property.

The trial court’s decision, which is based on a stipulation of facts, held that the property involved was exempt from ad valorem taxes. The pertinent portions of that stipulation are as follows:

“Stipulation and Motions

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“For the Purpose of the separate motions made herein [for summary judgment] the following facts are hereby…