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In the Matter of the BOARD OF COOPERATIVE EDUCATIONAL SERVICES, SECOND SUPERVISORY DISTRICT, WESTCHESTER COUNTY, Appellant, v. EUGENE F. BUCKLEY, as Assessor of the Town of Rye, et al., Respondents.

Order reversed, without costs. The board possesses the power to own property (Education Law, § 1958, subd. 6) which qualifies for an exemption under the Real Property Tax Law (§ 420). The mode of acquisition is deemed irrelevant for tax purposes.

Concur: Chief Judge DESMOND and Judges DYE, FULD, VAN VOORHIS, BURKE, SCILEPPI and BERGAN.

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MATTER OF BOARD OF COOP. EDU. SERVS. v. BUCKLEY
(Apr 15, 1965)