Benken v. Porterfield

Section 5711.22, Revised Code, as in effect on January 1, 1967, in pertinent part, provides:

“Except as otherwise provided, personal property shall be listed and assessed at seventy per cent of its true value in money * * *.

*135“(C) Personal property, used in business, shall be listed and assessed at fifty per cent of its true value in money on the day that it is required to be listed or on the days or at the time that it is required to be estimated on the average basis as follows:

¿(X # *

“(1) * * * all engines, machinery, tools, implements, and domestic animals used in agriculture * * *

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“…