Union County Board of Review v. Hotel Investment Co.

On April. 12, 1957, the county assessor of Union County notified the Hotel Investment Company, the owner of real estate in the city of Crestón known as the Iowana Hotel, that its property was assessed at a value of $49,800. In May of 1957 the Union County Board of Review, the appellee in the lower court but the appellant here, fixed the assessed value at $64,750 and duly notified the owner. Appeal was taken to the lower court and after trial the assessment was reduced to the sum of $49',800 as fixed originally by the assessor. For convenience the Hotel Investment Company will be referred to…