Houghton v. Department of Revenue

Carlisle B. Roberts, Judge.

This appeal from the Department of Revenue’s Opinion and Order No. VL 69-512 poses one question: What was the true cash value on January 1, 1968, of specific real property of the plaintiffs, owned and managed by them as partners under the assumed business name of Sea Lion Caves?

The property is legally described as Government Lots 1, 2, 3 and 4 of Section 4, and Lot 5 of Section 3, in Township 17 South, Range 12 West, Willamette Meridian, and is also described as Tax Lot No. 200, Sections 3 and 4, Township 17 South, Range 12 West, Willamette Meridian, in Lane County,…