National Distillers Products Corp. v. Evatt

The question presented in these cases is purely one of statutory construction. The appellant contends that the assessment of the bottled, finished whiskey is governed by the provisions of Section 5388, General Code, which section provides in part as follows:

“Personal property of the following kinds, used in business, shall be listed and assessed at fifty per centum of the true value thereof, in money, on the day as of which it is required to be listed, or on the days or at the times as of which it is required to be estimated on the average basis, as the case may be: * * *

“The average value of…