In Re Capitol Cleaners & Dyers, Inc. Citizens Coal Co. v. Capitol Cleaners & Dyers, Inc.

WOLFE, Chief Justice.

This appeal concerns the priority of Federal and State tax liens. The proceedings were originally instituted when Citizens Coal Company, a creditor of Capitol Cleaners and *287Dyers, Inc., caused a receiver to be appointed for Capitol. The receiver determined from an audit of Capitol’s books that the business had operated at a loss for several years, and the physical assets and good will of said corporation were sold as a going concern to the highest bidder. Proper notice was given to all creditors to present their claims in writing to the receiver. Pursuant thereto, claims…