Graham v. Raabe

384 P.2d 629, 62 Wash. 2d 753, 1963 Wash. LEXIS 387
CourtWashington Supreme Court
DecidedAugust 15, 1963
Docket36440
StatusPublished
Cited by5 cases

This text of 384 P.2d 629 (Graham v. Raabe) is published on Counsel Stack Legal Research, covering Washington Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Graham v. Raabe, 384 P.2d 629, 62 Wash. 2d 753, 1963 Wash. LEXIS 387 (Wash. 1963).

Opinion

*754 Hill, J.

The issue presented here is whether certain of the defendants have a right of subrogation to certain county and federal tax liens.

The plaintiff, Gary Guy Coy, has secured a judgment establishing his right to possession of certain property as a lessee, and from this portion of the judgment no appeal has been taken. It is an option to purchase, contained in that lease, which brings the case to this court.

The trial court has attempted to make Gary Coy’s exercise of that option subject to the rights of subrogation to county and federal tax liens claimed by certain defendants; and from this portion of the judgment the plaintiff appeals.

A chronological statement is necessary: March 8, 1948, Walter T. Coy, the then owner of the Hi-Line Theatre, 1 mortgaged it to the Reconstruction Finance Corporation (hereinafter called RFC).

January 12, 1953, RFC assigned the mortgage to Frank McClellan.

January 15,1953, the United States filed two liens against Walter T. Coy for unpaid and delinquent income taxes in the sums of $139,285.82 (vault file No. 2919841) and $52,-021.71 (vault file No. 2919842).

February 4, 1953, and April 16, 1953, the United States filed liens against Walter T. Coy for unpaid and delinquent income and admission taxes in the sums of $3,049.64 (vault file No. 2925758) and $148,414 (vault file No. 2948281).

September 23, 1955, Frank McClellan purchased the theatre property at sheriff’s sale, he having foreclosed the RFC mortgage. (There is no indication as to whether or not the United States was joined as a party defendant in the foreclosure proceeding. We shall assume that it was not.)

August 14, 1957, the period of redemption having long since expired, a sheriff’s deed issued to McClellan.

In 1957, Walter T. Coy made two offers in compromise to pay a reduced sum in full satisfaction of the federal tax liens, but at the time of trial they had not been acted upon. *755 The effect of these offers of compromise, by their terms, was to extend the statute of limitations throughout the period in which the offer was pending and one year thereafter.

July 9, 1958, McClellan executed a lease for a 10-year period (to begin August 11, 1958) 2 to Walter T. Coy and his son, Gary Guy Coy (the plaintiff in this action), as co-lessees with an option to purchase the property after 5 years from the date of the lease for $7,000. This option was joint and several. (Gary Coy was then a minor, as he was at the time this action was commenced by his guardian ad litem; however, he had attained his majority before trial and was substituted as party plaintiff.) Walter T. Coy has disclaimed any interest in this lease, and the trial court and the parties on this appeal have proceeded on the assumption that Gary Coy is the only lessee. The $7,000 purchase price is understandable in view of the fact that McClellan had invested only the amount paid the RFC for the assignment of the mortgage he had foreclosed, and that amount might well be the extent of his investment in the property which had originally belonged to Walter T. Coy, one of the lessees.

July 13, 1959, the United States filed a fifth lien against Walter T. Coy for unpaid and delinquent withholding taxes in the sum of $1,264.22 (vault file No. 3689497). He had at that time only the leasehold interest in the property.

April 25, 1960, a judgment was entered in an unlawful detainer action brought by McClellan, terminating the leasehold interest 3 of Walter T. Coy and Gary Coy for nonpayment of rent.

Within 5 days (April 28, 1960) the amount of the judgment ($2,032.90) was paid into court; and, pursuant to RCW 59.12.170 4 the lease was automatically reinstated and the lessees continued to operate the theatre.

*756 August 23, I960 5 the judgment was satisfied of record, on which date the money paid into court was received by McClellan.

July, 1960, the Internal Revenue Service levied upon the property and took possession; it then made an attempt to interest a purchaser in the property. A transaction was worked out whereby Buford W. Raabe and Josephine, his wife, agreed to purchase the property from McClellan for $50,000. The Internal Revenue Service agreed to release all federal tax liens against the property for $31,157.87 6 to be paid out of the purchase price. The Metropolitan Federal Savings and Loan Association (hereinafter referred to as Metropolitan) was to loan the Raabes $25,000 of the purchase price, and all taxes and other liens were to be paid from the purchase price.

The parties all acted in reliance on a report of a title insurance company, dated August 9, 1960 at 8:30 a.m., which showed title in McClellan subject to delinquent general taxes, water district assessments, and liens for federal taxes, but which did not disclose the existence of the lease of July 9, 1958, which contained the option to purchase.

Apparently, the examiner for the title insurance company *757 had noted the entry of the decree in the unlawful detainer action cancelling the lease and option to purchase, but had failed to note the payment of the judgment and the restoration of the lease to good standing, as provided by RCW 59.12.170, on April 28, 1960. A satisfaction of the judgment would have immediately challenged the attention of the examiner, but when he made his examination the satisfaction had not been entered and was not entered, as we have seen, until August 23,1960, the same day that the deed from McClellan to the Raabes was recorded.

The Raabes and McClellans signed escrow instructions describing the transaction: “Terms of Sale: Sales price $50,000.00, payable as follows. All cash to seller at time of closing.”

The escrow company paid the Commissioner of Internal Revenue $31,157.87 (see footnote 6) for “Certificate of Discharge of Property from Federal Tax Liens,” 7 but other than the property described, the tax liens remained in full force and effect on all property and interests of W. T. Coy.

Real and personal property taxes, in excess of $5,000, due or delinquent, were paid as was a water district assessment of $305.20. After all expenses of the sale, including a $5,000 real estate commission, were paid, McClellan received $7,250 out of the $50,000.

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Related

Allied Stores Corp. v. North West Bank
469 P.2d 993 (Court of Appeals of Washington, 1970)
Raabe v. Coy
467 P.2d 326 (Court of Appeals of Washington, 1970)
Coy v. Raabe
462 P.2d 214 (Washington Supreme Court, 1969)
Credit Bureau Corp. v. Beckstead
385 P.2d 864 (Washington Supreme Court, 1963)

Cite This Page — Counsel Stack

Bluebook (online)
384 P.2d 629, 62 Wash. 2d 753, 1963 Wash. LEXIS 387, Counsel Stack Legal Research, https://law.counselstack.com/opinion/graham-v-raabe-wash-1963.