State Ex Rel. Farr v. Martin

Hatcher, Judge:

In 1926 Fred C. Prichard et al., conveyed to trustees certain real estate, in the city of Huntington, which by a later declaration was shown to be in .trust for the Prichard School, a corporation. The School is an educational' and eleemosynary institution. Liens against the property approximated $1,207,203.00. The assessor of Cabell county entered the property for taxation in 1927 at'the aggregate value of $990,100.00. Later the State Tax Commissioner approved the transfer, and the Board of Equalization and Review of Cabell county exempted the property from taxation.

The…