Venango Federal Savings and Loan Association, Appellant
v.
County of Venango et al., Appellees.
Commonwealth Court of Pennsylvania.https://leagle.com/images/logo.png
Argued March 2, 1983.
April 8, 1983.
Attorney(s) appearing for the Case
Henry W. Gent, III, Gent, Daniels, Thompson & Gent, for appellant.
Robert W. McFate, for appellee, Oil City Area School District, with him T. Gregory Williams, for appellee, County of Venango, and F. Walter Bloom, III, for appellee, City of Oil City.
Argued March 2, 1983, before Judges BLATT, CRAIG and DOYLE, sitting as a panel of three.
Commonwealth Court of Pennsylvania.
OPINION BY JUDGE CRAIG, April 8, 1983:
In this case, the general question is:
Under deeds conveying a "term" of thirty-three years in land, and containing a habendum clause which states that "any improvements thereon will automatically revert to and revest in" the grantor at the end of that term, where the grantee has erected buildings on the land, may the local taxing bodies subject the grantee's interest in the land and buildings to real estate tax assessment...
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