Lihue Plantation Co. v. Farley

OPINION OP THE COURT BY

PREAR, C.J.

This is an appeal from the assessment, aa of January 1, 1900, of the Lihue Plantation Company’s sugar plantation situated in the District of Lihue, Island of Kauai.

The company returned its property at $2,060,000. The assessor placed it at $3,500,000. The Tax Appeal Court put it at $2,800,000. The company admitted that it should be $2,500,000. and appealed as to the amount above that. The assessor appealed generally.

The assessment, not appealed from, as of the first of the year before, was $2,500.00. During that year the company acquired 2,660 acres of land…