Euclid Corp. v. Tully

The Cook County Assessor, Clerk and Collector appeal from a decision of the circuit court granting plaintiff, Euclid Corporation (“taxpayer”), a preliminary injunction against a real property tax increase.

The subject property which is owned by the taxpayer is located on the west side of Chicago. The taxpayer alleged that in the year 1974 the assessor increased the assessed value of the property from *38,197 to *104,999, and that this was an illegal, excessive and constructively fraudulent assessment. The defendants’ position set forth in a motion to dismiss the complaint was (and is on appeal) that…