In re Taxes Hawi Mill & Plantation Co.

OPINION OF THE COURT BY

KEMP, J.

The Hawi Mill & Plantation Company, Limited, in its tax return for 1920 placed a valuation of $600,000 upon *47its property which, consists of various kinds combined to form .the basis of an enterprise for profit. The tax assessor assessed it at $1,600,000 and the company appealed to the tax appeal court for the third judicial circuit, where after a hearing that court fixed its value at $1,500,000. From the decision of the tax appeal court the company has appealed as to so much of the assessment as exceeds $1,000,000. In other words, the company although returning…