Herman M. Brown Company v. Johnson

This action involves the Iowa Use Tax statute, chapter 423 of the 1954 Code of Iowa. There is no substantial dispute over the facts. The parties have stipulated many of them. The testimonial evidence is not extensive but the exhibits which have been certified to this court are voluminous.

Section 423.1(1) provides: “‘Use’ means and includes the exercise by any person of any right or power over tangible personal property incident to the ownership of that property, except that it shall not include processing, or the sale of that property m the regular course of business. * * *.” (Italics ours.)

Se…