People Ex Rel. Knickerbocker Safe Deposit Co. v. Wells
New York Court of Appeals
Appeal from an order of the Appellate Division of the Supreme Court in the first judicial department, entered January 11, 1905, which reversed an order of Special Term reducing an assessment upon the capital stock of the relator and confirmed such assessment. The facts, so far as material, are stated in the opinion.
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Appeal from an order of the Appellate Division of the Supreme Court in the first judicial department, entered January 11, 1905, which reversed an order of Special Term reducing an assessment upon the capital stock of the relator and confirmed such assessment. The facts, so far as material, are stated in the opinion. No separate assessments having been made, so far as is disclosed by the tax rolls, of the relator’s vaults, they must, as a matter of law, be deemed to have been included in the assessments of the several parcels of real estate to which they were respectively affixed. (Smith v.…
1Opinion of the CourtBabtlett, J.
The commissioners of taxes and assessments of the city of New York assessed the relator, the Knickerbocker Safe Deposit Company, upon capital stock for the year 1903, fixing the value thereof at $77,455.00. The relator thereupon sued out the statutory writ of certiorari to review this assessment.
It appears that a deputy tax commissioner assessed the capital stock at the sum of $100,000, and thereupon the relator submitted a statement to the commissioners, indicating that its total gross' assets were made up as follows:
Personal property.......................... $43'729.63
And real estate, in…
2Cases cited2 opinions
- People Ex Rel. Manhattan Railway Co. v. BarkerNew York Court of Appeals · 1897
- People Ex Rel. President of Albany & Bethlehem Turnpike Road v. SelkirkNew York Court of Appeals · 1905
3Cited by4 opinions
- Evansville Furniture Co. v. FreemanIndiana Court of Appeals · 1914
- People ex rel. New York Edison Co. v. WellsAppellate Division of the Supreme Court of the State of New York · 1909
- People ex rel. Brooklyn Development Co. v. PurdyNew York Supreme Court · 1916
- People ex rel. Bankers' Safe-Deposit Co. v. O'DonnelNew York Supreme Court · 1907