Maritime Petroleum Corp. v. City of Jersey City

The opinion of the court was delivered by

Hehee, J.

The question here is whether fuel oil and kerosene of appellant in storage on October 1, 1942 in tanks at Caven Point, in Jersey City, owned and maintained by Tankport Termi nals, Inc. for the sale of a warehouse storage service, were subject to an ad valorem tax by the local taxing district.

Appellant, a New York corporation with offices in the City of New York, was then a distributor of petroleum products to wholesalers in New York, New Jersey and Connecticut. In accordance with practice, the subject oil and kerosene were purchased by it from…