Appeal of W.R. Company

8012SC130, Appeal of W.R. Company v. Cumberland County, Court of Appeals case of 78 CVS 1914, application denial for present-use value, not actively engaged, ownership, principal business. "The principal business of petitioner is not farming land but selling land. Such a principal business activity does not qualify for present use valuation. The decision of the trial court reversing the decision of the Property Tax Commission is Reversed."