State v. Chickasha Milling Co.

This is a tax ferret proceeding- from tlie county court of Grady county wherein the state, under authority of sections 12340, 12348, O. S. 1931, seeks to assess certain alleged omitted property of the defendant company in the nature of moneyed 'capital, surplus, and undivided profits as defined in section 12369, O. S. 1931, of the value of $300,000 for each of the years 1921 to 1933, both inclusive. The state and the taxpayer are referred to herein as plaintiff and defendant, respectively. Demurrer to plaintiff’s evidence on each item sought to be assessed was sustained, 'and plaintiff has…