B. F. Goodrich Co. v. Peck

The property involved, if “subject to taxation,” was so subject only because it was “personal property located and used in business in this state.” See Section 5328, General Code. It was located in Ohio. Whether it was “used in business” in Ohio depends upon the provisions of Section 5325-1, General Code, reading:

“Within the meaning of the term ‘used in business,’ occurring in this title, personal property shall be considered to be ‘used’ when employed or utilized in con*204nection with ordinary or. special operations, when acquired or held as means or instruments for carrying on the business,…