Clark v. Glander

Was the decision of the Board of Tax Appeals, approving the final determinations of the Tax Commissioner as to the true value of the shares in question, unreasonable or unlawful?

The taxpayers in each appeal offered evidence before the Board of Tax Appeals, which they claim proved that the true value of the common shares of Clyde, having a par value of $0.10 per share, was as of 1945 but $0.38 per share, and as of 1946 but $0.58, and that the true value of the common shares of Artkraft, as of 1946, which had also a par value of $0.10' per share, was $0.39 per share.

Testimony was offered which…