LONG MANUFACTURING COMPANY v. Johnson

The Tax Review Board and the Superior Court reached opposite conclusions from the same undisputed facts. This appeal presents only the question whether the facts found by the Tax Review Board support the judgment of Crissman, J.

Petitioner, Long Manufacturing Company, stands in the shoes of Long Tank Company (Tank Company) as a result of a merger of the two companies in March 1961. From January 1, 1957, through February 29, 1960, the period covered by the disputed assessment, Tank Company manufactured in Tarboro propane gas tanks which it sold to independent registered retail dealers in…