State Ex Rel. New Lisbon State Bank v. City of New Lisbon

The certiorari proceeding was commenced by the New Lisbon State Bank (hereinafter called the “bank”) to review an assessment made for the purpose of taxation by the city of New Lisbon (hereinafter called the “city”) of the land and building owned and used by the bank in operating its banking business in the city. The bank alleged that the city assessor assessed the bank’s land at $2,640 and its building thereon at $29,930 — total $32,570. The bank duly filed objections alleging that the assessments were in excess of the fair market value and contrary to law. Upon a hearing duly scheduled by…