Treadwell Realty Co. v. City of Memphis

This is an appeal from a judgment of the Circuit Court sustaining a demurrer to and dismissing a petition for certiorari to review the action of the Memphis Board of Equalization fixing the value of petitioner’s property for assessment. The City tax assessor had appraised the value at $114,500. Upon application for review to the Board of Equalization, that body confirmed this appraisal.

Petitioner charged that the property had a fair cash value of $35,000' only; and that the refusal of the Board of Equalization to adopt this valuation, at which the property had been recently sold and purchased…