Glass City Bank v. United States

In 1941 the petitioner bank obtained a judgment in a Pennsylvania State Court against one Erank A. Maddas, for about $19,000.00. The United States had unpaid, judicially established, income tax claims against Maddas for the years 1920, 1921, and 1922,1 which exceed *266$1,000,000.00. 40 B. T. A. 572; 114 F. 2d 548. Because of Maddas’ past services as a State court receiver of a brewing company, the trustee of that company, now in bankruptcy, owes Maddas $3,228.53. The issue here is whether the bank or the government may recover on the debt owed to Maddas. The bank claims under a lien alleged to…