Atlantic States Coal Corp. v. Letcher County

Opinion of the Court by

Judge Rees

Beversing.

This is an appeal from a judgment of the Letcher circuit court fixing the value of appellant’s property as of July 1, of the years 1929 and 1930, for taxation purposes.

Appellant owns 196 acres in fee and the coal mining rights in 4,880 acres owned by the Kentucky Biver Coal Corporation and improvements on the leased land including 172 miner’s houses and mining machinery and equipment. The appellant listed its property for taxation as of July 1, 1929, at $24,493. The tax commissioner fixed the total value of the property at $153,335, and the board of…