People ex rel. Little v. St. Louis Merchants Bridge Co.

In 1916 the board of review of Madison county increased the assessment of the tangible property of the St. Louis Merchants Bridge Company from $700,005, at which it had been fixed by the board of review in 1915, to $1,560,000. The bridge company paid the tax on the original assessment but objected to the excess on the ground that the increase was not based upon any reasonable theory of valuation, but was unjust, arbitrary and unreasonable and so grossly excessive as to be fraudulent and an unjust and unlawful discrimination, against the objector’s property. _ The objection was sustained by…