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The People of the State of New York Ex Rel. New York Stock Exchange Building Company, Appellant, v. Jacob A. Cantor Et Al., Constituting the Board of Taxes and Assessments of the City of New York, Respondents

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Opinion
248 N.Y. 533 · New York Court of Appeals · May 1, 1928
Full text
The People of the State of New York Ex Rel. New York Stock Exchange Building Company, Appellant, v. Jacob A. Cantor Et Al., Constituting the Board of Taxes and Assessments of the City of New York, Respondents
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Parentheticals
stock exchange building, which could be used only by stock exchange, had no value on the market and was to be assessed at reproduction cost less depreciation; owner's argument for zero valuation rejected
stock exchange building, which could be used only by stock exchange, had no value on the market and was to be assessed at reproduction cost less depreciation; owner’s argument for zero valuation rejected