Board of Education v. Ashland Oil & Refining Co.

MILLIKEN, Judge.

The basic issue on this appeal is whether Ashland Oil & Refining Company’s boats and barges have a taxable situs in the City of Catlettsburg. The chancellor found that they had no tax situs in Catlettsburg, and, consequently, that they could not be taxed there.

■ Ashland Oil (hereinafter referred to as the “Company”) is a domestic corporation domiciled in Boyd County, Kentucky, with its principal office in the City of Ashland which immediately adjoins the City of Catlettsburg on the Ohio River. For the years involved in this litigation the Company has listed its property for…