St. Louis-S. F. Ry. Co. v. Leflore County

This is an appeal'from the judgment of the Court of Tax Review denying the protest of the St. Louis-San Francisco Railway Company against the rate of levy fixed by the excise board of LeFlore county for the sinking fund of the town of Talihina for the fiscal year beginning July 1, 1928.

The cause was submitted on an agreed statement of facts, from which it appears that the rate of levy for sinking fund purposes for the town of Talihina was. fixed at 5.279 mills; that that amount was necessary for the purpose of paying the interest and accumulating a fund for the payment of the principal of an…