Highlander Co. v. City of Dodgeville

Two actions are involved on this appeal, but with one exception the same contentions are applicable to each action. One action relates to the taxes of 1944 and the other to those of 1945. The complaint alleges that on May 1, 1944, the Federal Deposit Insurance Corporation owned certain described real estate in the city of Dodgeville, and that on that date the real estate was assessed for taxation in the sum of $56,500, whereas its value at private sale was not over $19,500.

It is further alleged that “on the 22d day of August, 1944, the plaintiff, the Highlander Company, purchased the…