Oregon Supreme Court December 10, 1941 (Winston Bros. Co. v. Galloway)

BELT, J.

This is an appeal from a decree of the circuit court sustaining the State Tax Commission in levying a tax on the net profits resulting, in 1935, from the performance by plaintiff of a contract with the United States government to construct and repair a certain part of the south jetty at the mouth of the Columbia river. Guy F.