BULLOCK v. CITIZENS NAT. BANK OF WACO

No. 13831.

663 S.W.2d 923 (1984)

Bob BULLOCK, Comptroller of Public Accounts, et al., Appellants, v. The CITIZENS NATIONAL BANK OF WACO, Appellee.

Court of Appeals of Texas, Austin.

January 4, 1984.


Attorney(s) appearing for the Case

Mark White, Atty. Gen., William C. Dufour, Asst. Atty. Gen., Austin, for appellants.

Marc O. Knisely, McGinnis, Lochridge & Kilgore, Austin, for appellee.

Before SHANNON, POWERS and BRADY, JJ.


BRADY, Justice.

This is a sales-tax refund suit. Appellant, Comptroller of Public Accounts, appeals from the trial court's judgment that four sale and leaseback transactions between appellee Citizens National Bank of Waco and two of its customers are not taxable. The trial court rendered judgment for appellee for $13,414.10, the amount of taxes paid under protest and contested at trial. We will affirm the judgment of the trial court.

The sale and leaseback...

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