Wise Shoe Co. v. Town of Exeter

These are two tax abatement cases brought pursuant to RSA 76:17 (Supp. 1977) for the years 1975 and 1976. The Trial Court, Goode, J., dismissed the petitions. The plaintiffs seasonably excepted to the trial court’s decree and all questions of law were reserved and transferred.

In March 1976, the Wise Shoe Company, Inc., filed a petition for abatement of taxes with the town of Exeter for property it owned on April 1, 1975. The assessed value of the property was $219,800. The town denied the abatement petition.

In November 1976, Wise Shoe Company, Inc., sold the property to Sports-Tek, Inc.,…