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JAMOUNEAU v. LOCAL GOVERNMENT BOARD

6 N.J. 281 (1951)

78 A.2d 553

LESLIE H. JAMOUNEAU, A CITIZEN AND TAXPAYER OF THE CITY OF NEWARK, APPELLANT, v. LOCAL GOVERNMENT BOARD OF THE DIVISION OF LOCAL GOVERNMENT IN THE STATE DEPARTMENT OF TAXATION AND FINANCE OF THE STATE OF NEW JERSEY, CITY OF NEWARK, A MUNICIPAL CORPORATION OF THE COUNTY OF ESSEX AND STATE OF NEW JERSEY, AND RAYMOND COMMERCE CORPORATION, RESPONDENTS.

The Supreme Court of New Jersey.

Decided February 5, 1951.

Attorney(s) appearing for the Case

Mr. Saul A. Wittes argued the cause for appellant.

Mr. Charles Handler argued the cause for respondent City of Newark. Mr. Vincent J. Casale on the brief.

Mr. Robert L. Hood argued the cause for respondent Raymond Commerce Corporation.

Mr. Theodore D. Parsons, Attorney General, argued the cause for respondent Local Government Board. Mr. Thomas P. Cook, Deputy Attorney General, on the brief.

The opinion of the court was delivered by CASE, J.

On December 31, 1928, the City of Newark was the owner of vacant land at Commerce Street and Raymond Boulevard in that city. It leased the land to Abraham E. Lefcourt for a term of 50 years, commencing January 1, 1929, at a minimum annual rental of $75,000 until the final five-year period and of $95,000 during that period. There was a provision, based upon recurring land appraisals, by which the rental could be raised...

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