Annexation of Certain Territory to Princeton v. Common Council

— Plaintiffs-appellants Norrick et al. appeal from the dismissal of their remonstrance from an annexation ordinance approved by defendants-appellees Common Council of the City of Princeton, Indiana, et al., presenting one issue for review:

Whether in determining the assessed valuation of real estate in a territory sought to be annexed for purposes of determining standing to remonstrate, the value of real estate exempt from taxation should be included.

For the most part the facts pertinent to this issue are undisputed. The record reveals that on November 12,' 1973, a tract of land containing…