JAMES BLACK DRY GOODS COMPANY v. Board of Review

This is an appeal by the Board of Review for the City of Waterloo from the order and judgment of the district court reducing the assessed value of plaintiff-appellee’s real property. The case involves the assessment made on Jan uary 1, 1963, and the assessment made on January 1, 1964. Both assessments were protested to the Board of Review and both were denied.

There is no dispute about the area, location, use, facilities or physical condition of the property.

We quote excerpts from appellant’s statement of the facts with which appellee has indicated agreement:

' “The major portion of the…