Beerman Foundation, Inc. v. Board of Tax Appeals

By the Court.

The eight apartments are rented to disabled veterans of World War II, four with their Avives and the four others with their Avives and children. The rentals are $28 per month for the four-room apartments and $35 per month for the five-room apartments. Rentals higher than $75 per month could easily have been obtained for any of the apartments in the general market, according to a statement in the application for exemption. All the veterans receive pensions, all are employed in or about the city of Dayton and no veteran is housed rent free.

Counsel for the applicant states the…