
    No. 96.
    
      In re Assessment of Taxes, The Bernice P. Bishop Estate.
    Submitted March 3, 1904.
    Decided March 22, 1904.
    
      Holmes & Stanley for taxpayer. Robertson & Wilder for assessor.
   Appeal from Tax Court, First Taxation Division.

Eighty acres of rice land and four thousand one hundred and thirty-five acres of pasture land located at Punaluu, Oahu, under 15 year lease (with 13 years unexpired) for net annual rental of twenty-five hundred dollars. Returned at $20000.00 and assessed at $25000.00. Assessment approved by Tax Court. Taxpayer appeals.

Per Curiam.

Valuation approved by Tax Court affirmed.  