Valley Investment Co. v. Board of Review
Supreme Court of Iowa
Appeal from Polls District Court. — Hon. W. H. McHenry, Judge. This is an appeal from an order of the district court in reviewing upon appeal an action of the Board of Review of the City of Des Moines sitting as an assessment tribunal in determining the amount of property of the - Valley Investment Company subject to assessment for the year 1908. The trial court found that the assessment made by the assessor upon the stock of the company to the amount of $8,000 was…
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Appeal from Polls District Court. — Hon. W. H. McHenry, Judge. This is an appeal from an order of the district court in reviewing upon appeal an action of the Board of Review of the City of Des Moines sitting as an assessment tribunal in determining the amount of property of the - Valley Investment Company subject to assessment for the year 1908. The trial court found that the assessment made by the assessor upon the stock of the company to the amount of $8,000 was erroneous, contrary to law, and void. The City of Des Moines and the Board of Review thereof appeal.—
1Opinion of the CourtDeemer, J.
The assessor of the city of Dos Moine-s in assessing personal property for the year 1908 valued the stock of the Valley Investment Company, a corporation organized under the laws of this state, at $98,000. From this assessment he deducted the sum of $90,000, the amount at which the real estate of said corporation had been valued for the purposes of taxation for the years 1907 and 1908, and returned an assessment on'said stock against said corporation and its stockholders in the sum of $8,000. Objections to this assessment were made by the company to the board of review of the city of Des…
2Cases cited1 opinion
- First National Bank v. City CouncilSupreme Court of Iowa · 1892
3Cited by7 opinions
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- Citizens' National Bank v. Baker County Board of EqualizationOregon Supreme Court · 1924
- Harvester Building Co. v. HartleySupreme Court of Kansas · 1916
- Koochiching Co. v. MitchellSupreme Court of Iowa · 1919
- In re the Assessment of the Farmers Loan & Trust Co.Supreme Court of Iowa · 1912
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