Pelican Amusement Co. v. Town of Pelican

Pelican Amusement Company, a Wisconsin corporation, during the year 1958, operated an outdoor drive-in theater in the town of Pelican in Oneida county.

Prior to May 1, 1958, the town assessor assessed the real estate, with improvements, at $22,845. The assessor arrived at the land value by taking the book value of the land at $5,000, adding the book value of improvements to the land, such as ramping and bulldozing, at $5,000, and adding $2,500 for gravel-cost savings. This is a total of $12,500. He then took 40 per cent of the total and arrived at an assessment of $5,000 for the taxpayer’s…