[Download] "Polk County v. Tenneco" by Court of Criminal Appeals of Texas " eBook PDF Kindle ePub Free

eBook details

Title: Polk County v. Tenneco
Author : Court of Criminal Appeals of Texas
Release Date : January 22, 1977
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 60 KB

Description

This tax suit was filed by Tenneco, Inc., against petitioners Polk County, the County Tax Assessor-Collector, and the County Board of Equalization. Tenneco sought, among other things, an injunction and a writ of mandamus to compel the defendants to set aside the 1975 ad valorem tax assessment of Tennecos pipelines lying within Polk County. Trial was to the court, which rendered judgment that Tenneco take nothing. The court of civil appeals reversed that judgment and vacated the Countys assessment of Tennecos pipelines for the year 1975. 546 S.W.2d 63. We granted the writ of error because the court of civil appeals equated the net book value of the pipelines with the market value of the pipelines. It is our view that it erred in doing so; and accordingly, we reverse its judgment. The cause is remanded to that court for the consideration of points not heretofore ruled upon.