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John T. O'Connell et al., Appellees, v. California A

VALUES, § 15 — valuation of property based upon trial judge's view of premises as erroneous. In action to have court find and determine fair value of shares in defendant corporation, which owned apartment building as its principal asset, where it appeared that six witnesses testified as to market value of premises in behalf of defendant whereas plaintiffs introduced one witness, and that trial judge inspected property and made finding as to property's value based upon his own view of premises and disregarded all testimony bearing upon question, held that court erred in so doing.

See Callaghan's Illinois Digest, same topic and section number.

Opinion by JUSTICE LEWE.

Not to be published in full. Opinion filed June 26, 1946; rehearing denied September 18, 1946; released for publication September 19, 1946.

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O'CONNELL v. CALIFORNIA AVENUE BUILDING CORP
(Jun 26, 1946)