JOHNSTON v. OKLAHOMA TAX COMMISSION

No. 44465.

497 P.2d 1295 (1972)

Georgia M. JOHNSTON and Wayne F. Johnston, Appellants, v. OKLAHOMA TAX COMMISSION, Appellee.

Supreme Court of Oklahoma.

June 6, 1972.


Attorney(s) appearing for the Case

Loeffler & Allen, Bristow, for appellants.

Albert D. Lynn, Gen. Counsel, Mike Tapp, E.J. Armstrong, E.B. Lee, Oklahoma City, for appellee.


DAVISON, Vice Chief Justice.

We have for decision in this appeal the validity of an additional assessment in the sum of $12.65 made by the Oklahoma Tax Commission against appellants, under the Documentary Stamp Tax Act (68 O.S. Supp. 1967, §§ 5101-5107) set forth in relevant parts later in this opinion.

The monetary importance of the decision lies in its application to future transfers of "lands, tenements...

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