The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1901-12-06

worth $4,000 $3.50 000-$SO0 into twenty
years The of the Bishop estate themselves
consented of $4,000 before the Tax Appeal
In opinion may safely be placed at $1,000 This
would be less than $500 plus that would at seven cent
compound interest 1900 in wentone that
Is present be received the end of
twenone years dcounng at the rate of seven cent per
annum, compound interest
Counsel for the however that the owner can
the fact that there outstanding lease for long
low rental for the that the lease
toned the The requires that the return shall
the month of January and that shall enumerate
among other things all leases with the and residences of
persons whom the made Civ L. Sec 500 and
provides Sec S72 that any person shall refuse neglect
make said return, &C., the may make the
according the best information within his reach, and the
shall be conclusive and subject appeal appears
the made within the time prescribed by the
and that the land question described therein but
mention made that subject to the lease but the
predecessor gave further time for the filing of ched
ue of the leases of the estate and such schedule prepared
and handed him in the month of May and accepted by
him of the documents so with the return, but the
present did not know of this The then found
this schedule and produced before the Tax Appeal Court
person making the should take that he
plies with the and properly describes his interest in the
property may be that the blanks furnished by the
should be explicit The only column provided in
those blanks for descriptions of leases by landlords is that which
headed description and Situation of Land and Improve
ments There is specific reference to leases special
land But if person oits properly describe his
of land he complain if the
of other information
outstanding leases other interests On the other hand
it to be Observed that when refuses negec
make any whatever the cannot arbitrarily
caprcosl. He make the according
within his reach" His valuation
though greatly excessive may be subject appeal but
bao he he
had acted fraudunty caprciousy with gross careless
and according the best information within his reach
1t may be question how far the requirements of the statute
by s clear that there
provisions that he waive, for instance that which
adds per the after becomes delinquent. But
there would be nothing prevent him from using making
assessment any information that might be furnished him
by the taxpayer after the time limited for making the return
and opinion if the acts in good faith makes
and ready and willing furnish further information
and the expressly gives further time for furnishing such
furnished and accepted by the assessor
the permitted afterwards up that the
taxpayer had fully complied with the statute in the first
The be construed reasonably and with
view carrying the probable intention of the legislature
The legislature apparently inserted the penal provision in
ton mainly prevent fraudulent wul grossly careless
violations of the and impose unnecessary hardhps
those who endeavor good comply with the
It inserted the provision should be stated
therein in order that the might have the requisite
formation for making the In this instance he had
just the information he desired and in and at time
that satisfactory him and which ne led the taxpayer to
understand would be satisfactory But for his action in grant
further time the taxpayer might have furnished the list of
leases within the named in the See Neo Canaan
Ho, % Conn, 49, LolceU County Commissioner,
Allen, SAG; Sharpe 4. EngIe, 2 Okl, GA
The decision of the Tax Appeal Court assessing the lot
Union Square $4,000 affirmed and that assessing the
appeees interest in the lot Pawaa $500 reversed and
that interest is assessed at $500.
Robertson & Wilder for the assessor.
Holmes G Stanley for the Bishop Estate.