Highland Park Independent School Dist. v. Republic Ins. Co.

My dissent follows a firm conviction that it was within the discretion of the District assessor, in determining the amount of said back-assessment, to consider unearned premium reserves as no part of defendant's property, for purpose of taxation; but instead, to recognize them as belonging to its policy holders for the protection, stability and satisfaction of their policies; 102 S.W.2d 193; that the trial court possessed no such discretion (State v. Richardson, 126 Tex. 11,84 S.W.2d 1076), hence the assessment was void to extent of the unearned premium reserves; a "court hearing" being an…