Case Name: In the Matter of the Application of The City of New York, Appellant, for a Writ of Certiorari Directed to Dederick H. Knapp and Others, as Assessors of the Tax District Composed of the Town of Kent, Putnam County, New York, Respondents, for the Year 1916
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1925-06
Citations: 214 A.D. 801
Docket Number: 
Parties: In the Matter of the Application of The City of New York, Appellant, for a Writ of Certiorari Directed to Dederick H. Knapp and Others, as Assessors of the Tax District Composed of the Town of Kent, Putnam County, New York, Respondents, for the Year 1916.
Judges: 
Reporter: Appellate Division Reports
Volume: 214
Pages: 801–801

Head Matter:
In the Matter of the Application of The City of New York, Appellant, for a Writ of Certiorari Directed to Dederick H. Knapp and Others, as Assessors of the Tax District Composed of the Town of Kent, Putnam County, New York, Respondents, for the Year 1916.

Opinion:
Final order unanimously affirmed, with costs. We think the learned Special Term made its valuations of the properties in question upon the correct theory, as laid down by Mr. Justice Keogh in Matter of City of New York v. Allen (106 App. Div. 262, 264). It did not, in our opinion, adopt or use in making such valuations the so-called net earning rule, which we do not approve. (People ex rel. City of New York v. Keeler, 205 App. Div. 467.) Present — Kelly, P. J., Rich, Jayeox, Manning and Young, JJ.