National Bank of Tulsa v. Warren

The opinion of the court was delivered by

Smith, J.:

This was an action to recover taxes paid under protest. Judgment was for plaintiff overruling defendants’ demurrer to the petition. The defendants have appealed.

The petition was in two causes of action. They each raise like questions of law, so the facts with relation to the first one shall be stated.

The petition stated first the incorporation of plaintiff and the identity of the defendant officials; that on September 10, 1953, plaintiff loaned the Oil Equities, Inc., an Oklahoma corporation, $1,500,000, and to secure the loan the Oil…