Herzfeld-Phillipson Co. v. City of Milwaukee

It is. clear that, if the appellant became the owner of the goods as of May 1st, it was legally liable for the taxes levied pursuant to assessment as of May 1st. Day v. Pelican, 94 Wis. 503, 513, 69 N. W. 368.

It is claimed by counsel for' respondent that the title to the goods passed to the appellant on the 1st day of May by *434the acceptance of its. bid, or at least that it acquired an equitable interest on that day, and that on the confirmation of the sale by the referee the title related back to the time when the bid was made. There are authorities to the effect that the relation of a bidder…