MONROE BOND & MORTGAGE CO. v. STATE

1 Div. 414.

48 So.2d 431 (1950)

MONROE BOND & MORTGAGE CO. v. STATE ex rel. HYBART et al.

Supreme Court of Alabama.

October 19, 1950.


Attorney(s) appearing for the Case

Barnett, Bugg & Lee, of Monroeville, for appellant.

A. H. Elliott, Circuit Sol. of Brewton, John M. Coxwell, County Solicitor, and R. L. Jones, County Atty., of Monroeville, and A. A. Carmichael, Atty. Gen., and Wm. H. Burton, Jr., Asst. Atty. Gen., for appellees.


FOSTER, Justice.

The question on this appeal is whether the decree of the circuit court, in equity, fixing the value as of October 1, 1946 of real estate of appellant for ad valorem taxes for the tax year beginning at that time, is the fair taxable value of such property or violates appellant's right to equal protection of the laws. The law is that such property shall be assessed at sixty percent of its fair and reasonable market value. Title 51, sections 17, 46 and...

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