AM. NAT. INS. CO. v. VINE-WOOD REALTY CO.


414 Pa. 263 (1964)

American National Insurance Company v. Vine-Wood Realty Co., Appellant.

Supreme Court of Pennsylvania.

April 21, 1964.


Attorney(s) appearing for the Case

Louis F. Floge, with him James M. Richardson, and Schnader, Harrison, Segal & Lewis, for appellants.

Joseph R. Ritchie, Jr., Assistant United States Attorney, with him Drew J.T. O'Keefe, United States Attorney, Edward N. Barol, and Creskoff, Riely & Barol, for appellees.

Before BELL, C.J., MUSMANNO, JONES, COHEN, O'BRIEN and ROBERTS, JJ.


OPINION BY MR. JUSTICE COHEN, April 21, 1964:

This appeal challenges the order of the court below directing payment to the United States of its lien for unpaid income taxes out of the proceeds of a foreclosure sale.1

On January 27, 1954, appellees Richmans, acquired an undivided one-half interest in the Broadwood Hotel. On April 4, 1955, the property became subject to a first mortgage....

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