Oregon Stamp Society v. State Tax Commission

Peter M. Gunnar, Judge.

This is a suit to set aside defendant’s opinion and order No. VL 62-87, denying to plaintiff an exemption duly claimed by it under ORS 307.130 from ad valorem property taxes for the tax year 1961-62 with respect to its real property in Portland, Multnomah County.

EVIDENCE

Plaintiff is a nonprofit corporation and was originally organized in 1916 as an unincorporated association under the name Beaver Stamp Society. It was incorporated as a nonprofit corporation in 1945 under its present name and with its purpose, as stated in its articles, being

“* * * to further and advance…