Knollwood Real Estate Co. v. State

The claimant, Knollwood Beal Estate Company, was the owner in fee of a tract of land comprising 134,743 acres, situated in the Town of Greenburgh, Westchester County, New York. This parcel of property had been leased to the claimant, Knollwood Country Club, pursuant to a lease dated May 1,1920 for a term of 99 years.

The Knollwood Country Club, a membership corporation, organized under the laws of the State of New York operated the premises as a golf course and country club. The lessee paid all the expenses of the operation of the club including taxes and assessments. Both corporations are…