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CAPITOL LUMBER CO. v. DEPARTMENT OF TAXATION

17 Wis.2d 105 (1962)

CAPITOL LUMBER COMPANY, Appellant, v. DEPARTMENT OF TAXATION, Respondent.

Supreme Court of Wisconsin.

June 5, 1962.

Attorney(s) appearing for the Case

For the appellant there were briefs by Quarles, Herriott & Clemons, attorneys, and Richard R. Teschner and Dale L. Sorden of counsel, all of Milwaukee, and oral argument by Mr. Sorden.

For the respondent the cause was argued by Harold H. Persons, assistant attorney general, with whom on the brief was John W. Reynolds, attorney general.

GORDON, J.

The appellant contends that the evidence establishes that the lease in question was a binding and valid obligation and that its terms were fair and reasonable when entered into, and that it was one which might have been entered into between strangers dealing at arm's length. The appellant also argues that the crucial issue is the reasonableness of the lease and not the reasonableness of the amount of rent the lease actually produced during 1951 and 1952...

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