People ex rel. Bingham Operating Corp. v. Eyrich

Appellate Division of the Supreme Court of New York

People ex rel. Bingham Operating Corp. v. Eyrich

270 A.D. 1063, 62 N.Y.S.2d 923, 1946 N.Y. App. Div. LEXIS 5314

CourtAppellate Division of the Supreme Court of the State of New York

DecidedJune 26, 1946

StatusPublished

Cited by3 cases

This text of 270 A.D. 1063 (People ex rel. Bingham Operating Corp. v. Eyrich) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

People ex rel. Bingham Operating Corp. v. Eyrich, 270 A.D. 1063, 62 N.Y.S.2d 923, 1946 N.Y. App. Div. LEXIS 5314 (N.Y. Ct. App. 1946).

Pincite

Opinion

The city officials of the City of Binghamton have appealed from a judgment reducing assessments on relator’s property in each of the above cases for the years 1942 and 1944. The property was assessed in 1942 at $125,000 and in 1944 at $118,000. The assessments on the same property for the years 1935 to 1939 inclusive were reviewed in similar proceedings and in each of these years the valuation was fixed at $85,000 and the judgment was- affirmed by this court (People ex rel. Bennett Hotel Co. v. Cuoci, 263 App. Div. 761). The evidence in these proceedings has been received in the cases now on review. The proof showed that the property in question was sold at foreclosure in 1932 for $80,000; in 1935 it was again sold for $75,000; in 1939 it was sold for. $85,000; and in 1942 relator acquired it at a cost of $70,000. The court below found that the value of the property is $85,000 for each of the years in question. The court also found that the real estate in the city of Binghamton was assessed during the years in question at 92% of true value. On a valuation of $85,000 the assessment on the property in question was reduced by the court to $78,200 for each of the years. The finding of the court is amply sustained by the evidence. Judgment affirmed, with one bill of costs to respondent. All concur. [See 271 App. Div. 759.]

Free access — add to your briefcase to read the full text and ask questions with AI

The city officials of the City of Binghamton have appealed from a judgment reducing assessments on relator’s property in each of the above cases for the years 1942 and 1944. The property was assessed in 1942 at $125,000 and in 1944 at $118,000. The assessments on the same property for the years 1935 to 1939 inclusive were reviewed in similar proceedings and in each of these years the valuation was fixed at $85,000 and the judgment was- affirmed by this court (People ex rel. Bennett Hotel Co. v. Cuoci, 263 App. Div. 761). The evidence in these proceedings has been received in the cases now on review. The proof showed that the property in question was sold at foreclosure in 1932 for $80,000; in 1935 it was again sold for $75,000; in 1939 it was sold for. $85,000; and in 1942 relator acquired it at a cost of $70,000. The court below found that the value of the property is $85,000 for each of the years in question. The court also found that the real estate in the city of Binghamton was assessed during the years in question at 92% of true value. On a valuation of $85,000 the assessment on the property in question was reduced by the court to $78,200 for each of the years. The finding of the court is amply sustained by the evidence. Judgment affirmed, with one bill of costs to respondent. All concur. [See 271 App. Div. 759.]

Cite This Page — Counsel Stack

Bluebook (online)

270 A.D. 1063, 62 N.Y.S.2d 923, 1946 N.Y. App. Div. LEXIS 5314, Counsel Stack Legal Research, https://law.counselstack.com/opinion/people-ex-rel-bingham-operating-corp-v-eyrich-nyappdiv-1946.

Opinion

Related

Cite This Page — Counsel Stack