Wilson v. State

This cause arose out of a proceeding by the tax ferret of Payne county, before the county treasurer, under sections 12340-12350, O. S. 1931, to assess for ad valorem taxation for the year 1930, as omitted property, 100,000 barrels of oil, located in Payne c.ounty, and in the custody of John Wilson as trustee on and after January 1, 1930. After notice and hearing, the county treasurer found that the oil was “omitted property” within the meaning of the law, and was of the total value of $70,000, and he ordered the oil assessed at that value for the year 1930. An appeal was taken to the county…