BELLEVUE-STRATFORD CO. v. Philadelphia

Opinion by

Mr. Justice Allen M. Stearne,

In an appeal from an assessment for taxation where the value of the land is not in dispute, may the value of the hotel building he fixed by expert testimony based upon comparative sales, replacement value, the obsolete design of the building and the income derived from the hotel business? The court below answered in the affirmative. This appeal followed.

The issue was narrowed at the argument to whether the court erred in admitting evidence of the income from the hotel business which was conducted upon the premises.

The litigation is well summarized by the…