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ST. LOUIS-SAN FRANCISCO RAILWAY CO. v. McCURTAIN COUNTY, ETC.

No. 39063.

352 P.2d 896 (1960)

ST. LOUIS-SAN FRANCISCO RAILWAY COMPANY, Plaintiff in Error, v. McCURTAIN COUNTY, OKLAHOMA, EXCISE BOARD, Defendant in Error.

Supreme Court of Oklahoma.

May 31, 1960.

Attorney(s) appearing for the Case

G.E. Bailey, St. Louis, Franklin & Harmon, Oklahoma City, for plaintiff in error.

Lewis T. Martin, County Atty., McCurtain County, Idabel, for defendant in error.

BERRY, Justice.

During the fiscal year ending June 30, 1959, Idabel Independent School District No. 5, hereafter referred to as "School District", purchased equipment and supplies for its Physics Department at a cost of $10,333.79, which purchase was made in order to replace equipment and supplies used in said Department. School District treated the amount of this purchase as "current expense". Plaintiff in error, St. Louis-San Francisco Railway Company, hereafter...

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