Chilton v. Shaw

OPINION OP THE COURT BY

FREAR, C.J.

This is an appeal from the assessment of the business lot and building on the westerly corner of Fort and King streets, and *251a residence lot and building on tbe southeasterly side of Miller street, in tbe city of Honolulu.

Tbe first mentioned property was returned at $25,000. Tbe Assessor assessed it at $35,000. Tbe Tax Appeal Court sustained tbe Assessor’s valuation. Taxes were paid on a compromise valuation of $27,500 tbe year before. Tbe assessment in question is that for January 1, 1900. At that time tbe property was under a ten-year lease at a rental of…