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STATE EX REL. ENTERPRISE REALTY CO. v. SWIDERSKI

269 Wis. 642 (1955)

STATE EX REL. ENTERPRISE REALTY COMPANY, Appellant, vs. SWIDERSKI and others, Respondents.

Supreme Court of Wisconsin.

May 3, 1955.

Attorney(s) appearing for the Case

For the appellant there was a brief by Zillmer & Redford of Milwaukee, and oral argument by John M. Redford.

For the respondents there was a brief by Walter J. Mattison, city attorney of Milwaukee, and Richard F. Maruszewski and John F. Cook, assistant city attorneys, and oral argument by Mr. Maruszewski and Mr. Cook.

BROWN, J.

Sec. 70.32 (1), Stats., declares that real property shall be valued at the full value which could ordinarily be obtained therefor at private sale. Neither party disputes the effect of this statute. Their dispute is over the question of whether such true value on May 1, 1953, is $525,000, the purchase price on July 1, 1951, plus $135,577.10, or whether it is $763,000, as found by the assessor.

It is established that the assessor's valuation must be...

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