[DOWNLOAD] "Dexter Horton Building Co. V. King County" by Department Two Supreme Court of Washington * Book PDF Kindle ePub Free
eBook details
- Title: Dexter Horton Building Co. V. King County
- Author : Department Two Supreme Court of Washington
- Release Date : January 25, 1941
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 83 KB
Description
MILLARD, J. -- The county assessor for King county placed, for the year 1938, an assessed valuation of $693,180 (true value $1,386,360) upon the Dexter Horton building, which is located on Cherry street between Second and Third avenues in the city of Seattle. The owner of that building, upon denial of its petition by the county board of equalization for a reduction of the assessment, appealed to the state tax commission, which, after consideration of the factors of cost of reproduction, less depreciation, and income and expected income, reduced the assessed valuation of the building to $652,000 (true value $1,304,000). The owner paid the taxes under protest and instituted this action to obtain a reduction of the assessment to $700,000 true value (assessed valuation $350,000), and to recover the alleged excessive amount of taxes paid under protest on that building. The land value of $157,000 (assessed valuation $78,500) fixed by the assessor is not in dispute. Upon motion of plaintiff, defendant county's demand for jury trial was denied.