Hubbard v. Commission

Edward H. Howell, Judge.

The first issue in this case involves the fair market value of the Sutherlin Hotel which was owned by the plaintiffs and donated by them in 1963 to the Lower Umpqua Hospital. Plaintiffs claimed a charitable contribution of $65,000 as the fair market value of the hotel. The tax commission found the true cash value of the hotel in 1963 to be $52,000 and assessed a deficiency against the plaintiffs.

The testimony indicated that the hotel had been constructed in 1911 and consisted of 42 rooms on the second floor with space rented to two stores on the first floor.

The two…