DRIFTWOOD SHORES, INC. v. DEPARTMENT OF REVENUE


555 P.2d 1251 (1976)

276 Or. 619

DRIFTWOOD SHORES, INC., a Corporation, Appellant, v. DEPARTMENT OF REVENUE, State of Oregon, Respondent.

Supreme Court of Oregon, Department 1.

Decided November 12, 1976.


Attorney(s) appearing for the Case

Dean M. Quick, Bick & Monte, Eugene, argued the cause and filed a brief for appellant.

Alfred B. Thomas, Asst. Atty. Gen., Salem, argued the cause for respondent. With him on the brief was Lee Johnson, Atty. Gen., Salem.

Before DENECKE, C.J., and McALLISTER, HOLMAN, and HOWELL, JJ.


PER CURIAM.

This is an appeal from the determination of the Tax Court that on January 1, 1974, plaintiff's motel was of the value of $2,123,470 for ad valorem tax purposes. Plaintiff contends the Tax Court erred in accepting defendant's appraisal, rather than plaintiff's, because (1) defendant's appraiser used the cost approach to the exclusion of the market data and income approaches, and (2) defendant's appraiser incorrectly applied the cost approach in that he...

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