Sherrill v. Board of Equalization

Mr. Special Justice Erby L. Jenkins

delivered the opinion of the Court.

This appeal involves the assessment of real property by the Tax Assessor of Knox County. The assessment was fixed at $17,500.00, $6,000.00 of which represented the assessment against the life estate and $11,500.00 representing the assessment against the remainder interest. The remaindermen, hereinafter referred to as petitioners, appealed to the Knox County Board of Equalization *203which left the assessment undisturbed. An appeal was then taken to the respondent State Board of Equalization which affirmed the assessment as made…