Rounds & Porter Lumber Co. v. Livesay

LEWIS, Circuit Judge.

Appellant brought this suit to enjoin the tax officials of' Pawnee County, Oklahoma, from assessing and collecting ad valorem taxes on stocks and bonds which were owned by it and held at its general office in Wichita, Kansas, during the several years in question. During appellant’s ownership these stocks and bonds were never in the state of Oklahoma. The appellant is an Oklahoma corporation and is engaged in that state in the retail lumber business, having yards at some twenty-five or more places therein. It also conducts a retail lumber business in Kansas, having yards…