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IN RE ST. JOSEPH LEAD COMPANY

No. 48688.

352 S.W.2d 656 (1961)

In the Matter of the Assessment of: ST. JOSEPH LEAD COMPANY, a Corporation. ST. FRANCOIS COUNTY, Missouri, School District of Flat River, Missouri, School District of Doe Run, Missouri, School District of Elvins, Missouri, and School District of Esther, Missouri, Respondents, v. STATE TAX COMMISSION of Missouri, James M. Robertson, John O. Williams, J. Ralph Hutchinson, Commissioners of the Missouri State Tax Commission, and St. Joseph Lead Company, Respondents, St. Joseph Lead Company, Appellant.

Supreme Court of Missouri, Division No. 2.

Motions for Rehearing or to Transfer Modify Opinion Denied January 8, 1962.

Opinion Modified Motion January 8, 1962.

Attorney(s) appearing for the Case

W. Oliver Rasch, Bonne Terre, John S. Marsalek, Moser, Marsalek, Carpenter, Cleary, Jaeckel & Hamilton, St. Louis, for appellant, St. Joseph Lead Co.

Raymond R. Roberts, Pros. Atty., St. Francois County, Charles G. Hyler, Asst. Pros. Atty., St. Francois County, Farmington, Rush H. Limbaugh, Cape Girardeau, for respondents.

Motions for Rehearing or to Transfer to Court en Banc or to Modify Opinion Denied January 8, 1962.

Opinion Modified on Court's Own Motion January 8, 1962.

BARRETT, Commissioner.

This appeal by St. Joseph Lead Company involves the valuation of its property in St. Francois County for the purposes of taxation. In general the property consists of approximately 45,000 acres of land, known as "The Lead Belt," in which the company has both mineral and surface...

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