Time Oil Co. v. State

Predicated upon certain transactions between appellant, Time Oil Company (hereafter referred to as Time), other oil companies, such as Farmers Union Central Exchange, Douglas Oil Company, and Wilshire Oil Company (hereafter referred to as exchanger companies), and U. S. Oil & Refining Company (hereafter referred to as U. S. Oil), the State of Washington assessed certain business and occupation taxes against Time for the audit period between July 1, 1961, and June 30, 1965. Time appeals from a judgment of the Superior Court for Thurston County affirming the assessment.

The. underlying facts are…