APPEAL OF DAVIS

No. 9310PTC146.

440 S.E.2d 307 (1994)

113 N.C. App. 743

In the Matter of the APPEAL OF Joel Henry DAVIS, Jr. from the Appraisal of Certain Real Property by the Craven County Board of Equalization and Review for 1991 and the Carteret County Board of Equalization and Review for 1991.

Court of Appeals of North Carolina.

March 1, 1994.


Attorney(s) appearing for the Case

Sumrell, Sugg, Carmichael & Ashton, P.A. by James R. Sugg and Jimmie B. Hicks, Jr., New Bern, for appellants Craven County and Craven County Bd. of Equalization and Review for 1991.

Hamilton, Bailey, Way & Bros, by John Way, Morehead City, for appellants Carteret County and Carteret County Bd. of Equalization and Review for 1991.

Henderson, Baxter & Alford, P.A. by David S. Henderson, New Bern, for appellee Joel Henry Davis, Jr.


ORR, Judge.

In 1990, Taxpayer acquired property from the United States Forest Service (the "USFS") in exchange for other property Taxpayer owned individually. Prior to the exchange, the property Taxpayer conveyed to the USFS had been classified and carried as "individually owned forestland" under N.C.Gen.Stat. §§ 105-277.2, -277.3 for ten or more years. Further, the property Taxpayer received from the USFS was sixty-two acres of land which had been held...

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