Tax Commission v. Metropolitan Building Co.

The state tax commission fixed the assessed value for taxation purposes for the year 1926 of the leasehold interest on the Metropolitan tract, or, as it is commonly known, the “old University grounds,” in the city of Seattle, held and owned by the Metropolitan Building Company, at $1,375,000. The building company appealed from the order of the tax commission to the superior court for Thurston county, and subsequently the city of Seattle likewise appealed. After a hearing in the superior court on both appeals, that court found that the action of the tax commission was so capricious and…