People ex rel. Sebring v. Dowd

The general impression made from the reading of the testimony in this case is that the conclusion arrived at by the referee is reasonable and should be sustained. The estimates of valuation of the respective witnesses have the usual variations; in this instance, those of the relator placing the value from $13,000 to $20,000, and those of the defendants from $65,000 to $75,000. This evidence of experts is not of much assistance to the court. They cannot both be correct.

*661In June, 1921, the relator’s property had a value somewhere between the lowest and the highest estimate. The assessment for…