Morris v. Woolery

This cause was filed by petitioner to compel Arlo Woolery, Director of the Department of Property Valuation of the State of Arizona, to use the price of copper as not less than $0.42009 a pound in fixing the full cash value of the producing copper mines in the State of Arizona. We accepted jurisdiction on respondent’s assertion that "to determine the value of copper in a mine with a life expectancy of ten (10) years or more, he [Woolery] has taken the average copper price over the immediate preceding ten (10) years,” being of the opinion that such method was, in an inflationary economy, so…