Matter of Diamond Reo Trucks, Inc.

OPINION RE

TRUSTEE’S OBJECTION TO INGHAM COUNTY’S TAX CLAIM

LAURENCE E. HOWARD, Bankruptcy Judge.

The trustee filed an objection to the claim of Ingham County for 1974 real estate taxes in the amount of $138,543.09 plus interest and penalties. The bankrupt occupied the property involved in accordance with a lease with E.I.C., Inc. dated December 28,1972. Subsequently, E.I.C. conveyed the realty and lease to certain assignees. For the tax year of 1974, the party assessed and appearing on the assessment roll was White Motor Company. The lease provided that the bankrupt, as additional rent, would…