People ex rel. Brokaw Bros. v. Cantor

O’Malley, James, J.

These certiorari proceedings involve the assessment for taxation for the years 1920, 1921 and 1922 on property of which the relator is the lessee and liable for the taxes. No claim of inequality is made, and the single question presented is one of values. Overvaluation of both the land and structures is claimed. I have reached the conclusion that there has been no overvaluation of the relator’s building. Accepting its evidence as to original cost and percentage of depreciation as true, I am of the opinion that it has failed to overcome the presumption that the assessment on…