Des Moines Building-Loan & Savings Ass'n v. Bomer

— Plaintiff has appealed to this court from a decree of the Polk County District Court,- which had refused on an appeal from the decision of the Board of -Review of the City of Des Moines, to reduce the assessor’s valuation of plaintiff’s building and the quarter block of land on which it had been erected.

The Des Moines Building-Loan & Savings Association purchased the property in question late in December 1944 for $260,000 plus the payment of the 1944 taxes of $16,439 payable in 1945 making a total' purchase price of - $276,439 and took possession of it on January 1, 1945. The 100% valuation…