FACTS:

The City Assessor characterized the items in gas stations  of petitioner as taxable  realty.    These  items  included  underground  tanks,  elevated  tank, elevated water tanks, water tanks, gasoline pumps, computing pumps, etc.  These  items  are  not  owned  by  the  lessor  of  the  land  wherein  the
equipment  are  installed.    Upon  expiration  of  the  lease  agreement,  the equipment should be returned in good condition.   
 

HELD:

The equipment and machinery as appurtenances to the gas station building or shed owned by Caltex and which fixtures are necessary to the operation of the gas station, for without them the gas station would be useless, and which have been attached and fixed permanently to the gas station site or embedded  therein,  are  taxable  improvements  and  machinery  within  the meaning of the Assessment Law and the Real Property Tax Code.