Darling v. Gunn

Citations

• 50 Ill. 424

Syllabus

<p>1. Taxation—town board of revision—of its powers. When the owner of personal property feels aggrieved by an assessment thereof under the authority of any town in a county acting under the township organization law, the board of revision of the town may review the assessment upon proper application, without any affidavit of the owner that his personal property does not exceed a certain sum, and reduce it to whatever sum they may deem just under the assessment laws.</p> <p>2. But when the person who complains makes such an affidavit, then the sum he swears his personal property is worth, the board is required to adopt as its assessable value.</p> <p>3. Same—revision of assessment by the board of supervisors—notice to the owner. Even if the county board of supervisors have the power to amend and raise an assessment made by the town upon personal property, after the town board of revision have reviewed the assessment and reduced it, which is not conceded, still it can only be done upon proper notice to the owner that the board of supervisors intend to review the assessment of his property.</p> <p>4. Same—of the rule of uniformity. The constitutional requirement in reference to the valuation of property for taxation is based upon, and requires, uniformity, and when property is uniformly assessed the demands of the constitution are answered.</p> <p>5. Same—application of the rule to the assessment of shares of bank stock. So, where the assessor of a town assessed certain shares of bank stock at par, that being no more than their cash value, upon a review of the assessment by the town board of revision, it was reduced to one-third the value of the shares, that being the rate of valuation at which the other personal property had been assessed in the town: Sdd, that this action of the board of revision was constitutional, legal and just, as it secured that uniformity of assessment among the different owners of property which the constitution requires.</p> <p>6. Injunction