Case Name: In re Assessment of Taxes, A. Hocking
Court: Supreme Court of the State of Hawaii
Jurisdiction: Hawaii
Decision Date: 1902-01-18
Citations: 14 Haw. 694
Docket Number: No. 50
Parties: In re Assessment of Taxes, A. Hocking.
Judges: 
Reporter: Hawaii Reports
Volume: 14
Pages: 694–695

Head Matter:
No. 50.
In re Assessment of Taxes, A. Hocking.
Appeal from Tax Appeal Court, First Taxation Division.
Submitted January 7, 1902.
Decided January 18, 1902.
Land on northwest comer of Nuuanu and King streets. Frontage on King street, 140 feet, and on Nuuanu street, 110 feet. Brick buillings used as stores on the property. Total rental at date of assessment, $505 per month, or $6060 per year. In 1899 the present owner, who at that time held a lease on the whole property, with 25 years of the term unexpired, at a rental of $100 per'month, purchased an undivided 19-36 interest for $15,000. Returned at $40,000; assessed at $75,000. Assessment sustained by Tax Appeal Court.

Opinion:
Per Gnriam.
Valuation fixed at $75,000. Perry, J., dissenijpg: Valuation should be $48,480.'
Robertson & Wilder for Assessor. Magoon •& Dillon for taxpayer.