In Re the Tax Appeal of Hawaiian Land Co.

487 P.2d 1070 (1971)

In the Matter of the Tax Appeal of HAWAIIAN LAND COMPANY, Limited.

No. 4829.

Supreme Court of Hawaii.

August 6, 1971.

Tany S. Hong, Deputy Atty. Gen. (Bertram T. Kanbara, Atty. Gen., Honolulu, with him on the briefs), for appellant, cross-appellee.

Tobias C. Tolzmann, Honolulu, for appellee, cross-appellant.

Before RICHARDSON, C.J., MARUMOTO, ABE and LEVINSON, JJ., and OGATA, Circuit Judge, in place of KOBAYASHI, J., disqualified.

ABE, Justice.

As of January 1, 1963 the Assessor valued and assessed Ala Moana Center as follows:

Building $ 7,321,300 Land 9,732,800 ___________…