Princess Anne County School Board

158 Ct. Cl. 707, 1962 U.S. Ct. Cl. LEXIS 206, 1962 WL 1609
CourtUnited States Court of Claims
DecidedOctober 16, 1962
DocketNo. 405-61
StatusPublished

This text of 158 Ct. Cl. 707 (Princess Anne County School Board) is published on Counsel Stack Legal Research, covering United States Court of Claims primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Princess Anne County School Board, 158 Ct. Cl. 707, 1962 U.S. Ct. Cl. LEXIS 206, 1962 WL 1609 (cc 1962).

Opinion

Eminent domain; avigation easement; special jurisdictional act; market value of property. — In this case the following order was entered:

This case comes before the court on a stipulation of the parties filed October 4, 1962, signed on behalf of the plaintiff and defendant by the respective attorneys of record, in which it is stated that a written offer in compromise was submitted by the plaintiff to the Attorney General who, after investigation and negotiation, agreed to a settlement and stipulated that the defendant would pay and the plaintiff would accept the sum of $327,500 in full settlement of all claims set forth in the petition, and both the plaintiff and the defendant authorized and requested the court to certify that amount to the Secretary of the Treasury for payment to the plaintiff (upon execution of a deed to the property as required by the Act referred to in this order) as the value determined and fixed by the court as the fair market value, as of January 1,1958, of plaintiff’s school property known as Oceana Public School.
Now, Therefore, based upon the investigation and recommendations of representatives of the defendant and the stipulation of the parties, the court hereby determines and fixes the sum of three hundred twenty-seven [708]*708thousand five hundred dollars ($327,500) to be the fair market value, as of January 1, 1958, of the land and buildings of the plaintiff’s school property known as Oceana Public School; and, It Is Ordered, pursuant to section 2 of the special act, Pub. L. 87-251, 75 Stat. 520, approved September 15, 1961, entitled “An Act for the relief of the Princess Anne County School Board, Virginia,” that said sum be and it hereby is, certified to the Secretary of the Treasury as the fair market value, as of January 1, 1958, of plaintiff’s said school property.

By the Court.

MarviN JoNes, OMef Judge.

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Bluebook (online)
158 Ct. Cl. 707, 1962 U.S. Ct. Cl. LEXIS 206, 1962 WL 1609, Counsel Stack Legal Research, https://law.counselstack.com/opinion/princess-anne-county-school-board-cc-1962.