Crary v. Board of Review

This controversy concerns the 1937 tax assessment upon three improved lots in Boone, Iowa, occupied by a two-story brick building, 75x100 feet, built in 1910 or 1912, and known as Crowe Garage. The garage and a grocery store occupy the first floor, the second floor being used for storage space and in addition containing a modern five-room apartment. A $10,000 mortgage, made in 1928 to a local bank, was foreclosed in 1935 and thereafter the property was handled by liquidating trustees of said bank, wlio sold the same to appellant in 1937 for $10,000. Shortly prior to said sale the trustees had…