Case Name: PERSONAL LOAN & FINANCE CO. OF OKLAHOMA CITY, a Corporation, Plaintiff in Error, v. OKLAHOMA TAX COMMISSION, J. D. Dunn, Chairman, L. L. Leininger and M. C. Connors, members of the Tax Commission of the State of Oklahoma, Defendants in Error
Court: Oklahoma Supreme Court
Jurisdiction: Oklahoma
Decision Date: 1968-02-06
Citations: 437 P.2d 1020
Docket Number: No. 41770
Parties: PERSONAL LOAN & FINANCE CO. OF OKLAHOMA CITY, a Corporation, Plaintiff in Error, v. OKLAHOMA TAX COMMISSION, J. D. Dunn, Chairman, L. L. Leininger and M. C. Connors, members of the Tax Commission of the State of Oklahoma, Defendants in Error.
Judges: All the Justices concur.
Reporter: Pacific Reporter 2d
Volume: 437
Pages: 1020–1021

Head Matter:
PERSONAL LOAN & FINANCE CO. OF OKLAHOMA CITY, a Corporation, Plaintiff in Error, v. OKLAHOMA TAX COMMISSION, J. D. Dunn, Chairman, L. L. Leininger and M. C. Connors, members of the Tax Commission of the State of Oklahoma, Defendants in Error.
No. 41770.
Supreme Court of Oklahoma.
Feb. 6, 1968.
Leo Thompson, Oklahoma City, for plaintiff in error.
Albert D. Lynn, E. J. Armstrong, R. O. Ingle, Oklahoma City, for Oklahoma Tax Commission.

Opinion:
DAVISON, Justice.
This is a companion case to Personal Loan & Finance Co. of Capitol Hill v. Oklahoma Tax Commission, Okl., 437 P.2d 1015, in which we this day promulgated an opinion affirming the order of the Oklahoma Tax Commission assessing additional corporate franchise taxes. The farts, circumstances and propositions of error presented are identical in both cases, except that in the present case the plaintiff in error (taxpayer) borrowed the sum of $595,-000 from its parent corporation, Personal Loan & Finance Co. of Memphis, Tennessee.
We adopt our opinion and conclusion in the above case as determinative of all matters presented herein.
Affirmed.
All the Justices concur.