In re the Ad Valorem Valuation of Property Located at 406-411 North Liberty Street, 282 N.C. 82 (1972)

Oct. 11, 1972 · Supreme Court of North Carolina · No. 41

282 N.C. 82

IN THE MATTER OF THE AD VALOREM VALUATION OF PROPERTY LOCATED AT 406-411 NORTH LIBERTY STREET (F. W. WOOLWORTH COMPANY, LESSEE), IN FORSYTH COUNTY, NORTH CAROLINA, FOR THE YEAR BEGINNING JANUARY 1, 1968

No. 41

(Filed 11 October 1972)

Appeal by Forsyth County from Gambill, J., at the 4 April 1972 “A” Session of Forsyth, heard prior to determination by the Court of Appeals.

The judgment of the superior court affirmed the order of the State Board of Assessment directing the county taxing officials to reduce the tax valuation of the property in question for the year 1968 from $273,280 to $232,910, such reduction to be made in the value of the improvements upon the land.

P. Eugene Price, Jr., for 'plaintiff.

Hatch, Little, Bunn, Jones & Few, by James C. Little and Harold W. Berry, Jr., for defendant.

LAKE, Justice.

This case is a companion to Case No. 40 in the matter of the ad valorem valuation of property located at 411-417 West Fourth Street in the City of Winston-Salem, decided this day. The two matters were heard together in the State Board of Assessment. The facts in the two cases are identical, except as to the location of the properties and the numerical data. The county’s assignments of error and the questions of law raised thereby are the same. For the reasons set forth in our decision in Case No. 40, we find no error in the judgment of the superior court.

No error.