BOARD OF EQUALIZATION v. HEIGHTS REAL ESTATE CO.

No. 7355.

391 P.2d 328 (1964)

74 N.M. 101

BOARD OF EQUALIZATION OF the COUNTY OF BERNALILLO, New Mexico, and its Individual members, Gerald R. Cornelius, Harry E. Kinney, Vance Mauney, Petitioners-Appellees, v. HEIGHTS REAL ESTATE COMPANY et al., Respondents-Appellants.

Supreme Court of New Mexico.

Rehearing Denied May 1, 1964.


Attorney(s) appearing for the Case

Hannett, Hannett & Cornish, Albuquerque, for appellees.

Marron & Houk, James H. Foley, James M. O'Toole, Modrall, Seymour, Sperling, Roehl & Harris, James P. Saunders, Jr., Shaffer & Butt, Albuquerque, for appellants.


CHAVEZ, Justice.

Respondents-appellants appeal from a judgment of the district court of Bernalillo County, which construed § 72-1-3, N.M.S.A., 1953 Comp., as requiring the county assessor to place lands being purchased under contract from the State of New Mexico on the tax assessment roll at 16% of the total contract price paid for said lands, or the true market value thereof. Petitioners-appellees will be referred to as the "Board," and respondents-appellants...

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