City of Utica v. Gold Medal Packing Corp.

Petitioner, purchaser of tax certificates for unpaid 1963 and 1964 real property taxes levied against premises of the bankrupt, claims to have a lien for principal, interest and penalties paid which should be compensated from the proceeds of condemnation of the property now held by this court. The trustee in bankruptcy denies that petitioner is entitled to a lien as to any part of the funds.1

The condemnation proceedings were instituted by the City of Utica in December, 1964 and the order transferring title to the city was entered in early 1965.

The petitioner acquired his interest in the tax…