Opinion ID: 2232325
Heading Depth: 1
Heading Rank: 5

Heading: The Johnson Annexation.

Text: The assessed value of the real estate in the Johnson territory was $2,960,011. The trial court found that the owners of assessed value in the sum of $1,598,535 had signed the petition for annexation. This was over one half of the total and included $210,400 of assessed value of the Good Hope Investment Company. The ordinance was held valid. The petition was signed on behalf of the Good Hope Investment Company by its president, Ben Lewenauer. The record shows that he signed without either formal authorization by the board of directors or informal authorization by the directors permitted under sec. 180.91, Stats. For the reasons presented in our consideration of the Corrigan annexation, the corporate signature was ineffective. This reduces the assessed value represented upon the petition to under one half. The ordinance based thereon is invalid.