
    No. 40.
    
      In re Assessment of Taxes, Mary A. Graeme.
    Appeal from Tax Appeal Court, First Taxation Division.
    Submitted January 6, 1902.
    Decided January 18, 1902.
    Land N. E. comer Kaahumanu and Queen streets, Honolulu. Frontage, Kaahumanu street 146 feet, Queen street 97 1-2 feet. Area, 12,850 square feet. Property subject to lease expiring in 1919, at a rental of $2000 per annum. Returned at $20,000; assessed at $140,000. Valuation fixed by Tax Appeal Court, $20,000. In this court the Assessor claims a valuation of $75,000, and the tax-payer concedes a value of $45,000, subject to the lease.
   Per Curiam.

Robertson & Wilder for Assessor. C. Brown fox tax-payer.

Valuation fixed at $45,000.  