Coin Machine Acceptance Corp. v. Morgenstern

A taxpayer’s tangible personal property, on a portion of which the appellant held a perfected security interest, was sold at a noticed public sale, under a tax warrant for delinquent ad valorem taxes thereon, and was purchased by the appellee at such sale. Thereafter, the appellee filed this suit against the appellant to quiet his title thereto. The trial court held that the purchaser at the sale under the tax warrant took free of the encumbrance, and entered judgment quieting title.

On this appeal therefrom the appellant contends that if given such application and effect the statute (§ 200.02…