Jefferson County Board of Equalization & Adjustments v. First Alabama Bank

ROBERTSON, Presiding Judge.

Following a decision by the Board of Equalization and Adjustments of Jefferson County (Board), setting the value of the First Alabama Bank Building (building) in Birmingham at $14,195,780, First Alabama Bank (Bank) appealed for trial de novo from the Board’s decision, pursuant to the Expeditious and Economical Tax Appeals Act. Ala.Code of 1940 (Recomp.1958), Title 51, § 110(1).

Following the trial de novo in circuit court before a jury of three commissioners, the commissioners determined that the value of the building was $12,500,000. Following the decision of the…