Aberg v. Moe

The following opinion was filed March 5, 1929:

Rosenberry, J.

The transaction by which the Board of Regents became invested with the title to the premises in *355question is attacked with great vigor on the grounds (1st) that the regents were without power to enter into the transaction; (2d) that the statute exempted neither the fee nor the term for years; (3d) that neither the plaintiffs nor 'the regents have any standing in equity to assert that any interest is tax exempt, it being alleged that the transaction was ineffectual and inoperative to accomplish a transfer of the title to the property…