Opinion

Newaygo Portland Cement Co. v. Commissioner

  • 27 B.T.A. 1097
  • 1933 BTA LEXIS 1251
Court
United States Board of Tax Appeals
Filed
Apr 6, 1933
Status
Published
Author
Love
On the bench
Love, Black
Cited by
2 cases

The opinion

Love,

dissenting: I heard this case and observed the witnesses who testified, and am convinced that the evidence clearly shows that the *1108 value of the “ Riparian Land, Water-Power Rights & Power-House Site Land ” was $300,000, instead of $100,000, as determined by the respondent; and that the basis used by the respondent of $183,526.57 for the “ Power House, Dam & Electric Meters ” should not be disturbed, as petitioner has not questioned the correctness of such determination and the evidence offered by the respondent does not prove that he erred in that respect.

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