Magnolia Petroleum Co. v. Sandlin

STEPHENS, X

The plaintiff gues for a reduction of its assessment for the year 1928 in Webster parish on gas pipe line designated by it as “a gathering line,” and on oil in storage.

For the year 1928, plaintiff made the following rendition for assessment purposes of its property in Webster parish':

Oil in storage — 129,535 bbls. @

85⅜ . $110,105.00 5½ miles six-inch gathering

line . 19,140.00

The assessor of Webster parish assessed plaintiff on its property in Webster parish as follows:

Oil in storage. $132,520.00

6.81 miles pipe line @ $4,765 per

mile . 32,586.00

The assessment of oil in storage was…