Independent Pipe Line Co. v. State Board of Equalization

This is an appeal from an order of the State Board of Equalization placing certain pipe line property on the tax rolls as omitted property and assessing the same for the years 1922 to 1931, inclusive. The order of the State Board of Equalization was entered in October, 1932, under the provisions of section 12587, O. S. 1931, and included certain pipe lines located in Osage and Kay counties. Those lines were constructed by the Phillips Petroleum Company in 1923, and were operated by it until the year 1928, at which time the title was transferred to a subsidiary corporation, the Standish Oil…