P.C. Monday Tea Company v. Milwaukee

Condemnation. Plaintiff-appellant is the assignee of the cause of action for just compensation, tracing his title through
an intermediate assignee to the trustee in bankruptcy of the condemnee. The property involved is real estate and a building erected thereon which served the function of a food-processing plant,
warehouse, and office building. Defendant-respondent took the property by condemnation on May 16, 1961. On May 22, 1961, the
owner, P.C. Monday Tea Company, filed a voluntary petition in federal district court for reorganization under ch. XI of the
Bankruptcy Act. On May 25th the P.C. Monday Tea Company filed notice of appeal from the condemnation award in circuit court
for Milwaukee county. On the same date a receiver was appointed for P.C. Monday Tea Company. On May 29, 1961, the condemnor
was served with notice of appeal. On May 31, 1961, the Marine National Exchange Bank, which had a mortgage on the property,
was served with notice of appeal.