Opinion · New York Court of Common Pleas
Page v. Metropolitan El. Ry. Co.
10 Misc. 134
- Type
- Opinion
- Court
- New York Court of Common Pleas
- Jurisdiction
- State
- Date
- 1894-11-05
- Topic
- general
BISCHOFF, J. But one point is urged upon this appeal, and this relates to the court’s award of fee damage, in view of the findings of fact, which, it is claimed, render the judgment erroneous upon any method of computation. Upon the evidence ad'■duced the amount of damage was to be arrived at through a comparison between the value of the premises in 1873 and their value at the present date, making allowance for wear and tear of the building, and holding in view the general increase of 50 per cent, upon land values in the vicinity. It was, perhaps, also possible to arrive at a conclusion in this regard by computing the differ*923ence between the rental value at the present time and a nominal rental value, availing of a proven ratio of rental to fee values. The arguments of counsel are based, respectively, upon a divergence as to their basis of calculation by either method; and this is principally due to the fact that the finding of the court, in certain instances, declared the values to be “about” a given sum, which language the appellants take to intend an express finding of an exact amount, while the respondents contend that a larger value, as proven, may well be taken as found.
Citator
UpLaw has not yet analyzed Page v. Metropolitan El. Ry. Co.. The absence of a flag is not a finding that it is good law.
But one point is urged upon this appeal, and this relates to the court’s award of fee damage, in view of the findings of fact, which, it is claimed, render the judgment erroneous upon any method of computation. Upon the evidence ad'■duced the amount of damage was to be arrived at through a comparison between the value of the premises in 1873 and their value at the present date, making allowance for wear and tear of the building, and holding in view the general increase of 50 per cent, upon land values in the vicinity. It was, perhaps, also possible to arrive at a conclusion in this regard by computing the differ
Original value of property (1873)........................... $15,250
Value of land (1873)....................................... 8,000
Value of building (1873)................................... 7,250
Building, with deduction.......................................... $5,750
Value of land and increase........................................ 12,000
Normal value.................................................. $17,750
Present value................................................... 10,125
Decrease.................................................. $1,625
—Which sum, less a reasonable deduction for benefits, as found generally by the court, would justify the finding as to damage which was made. The judgment should be affirmed, with costs. All concur.