(Download) "Exchange Nat. Bk. v. Lawndale Nat. Bk." by Supreme Court of Illinois ~ Book PDF Kindle ePub Free
eBook details
- Title: Exchange Nat. Bk. v. Lawndale Nat. Bk.
- Author : Supreme Court of Illinois
- Release Date : January 22, 1968
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 69 KB
Description
The appellant, Exchange National Bank of Chicago, as trustee under a trust agreement dated May 3, 1966, brought an action
of ejectment on February 23, 1967, against the appellee, Lawndale National Bank of Chicago, and others. We shall hereafter
refer to the appellant as Exchange and the appellees as Lawndale. Exchange claimed in its complaint that by virtue of a deed
in trust which was recorded on May 5, 1966, it was the fee simple owner of premises commonly known as 6937 South Park Avenue,
Chicago, Illinois. It asserted that any interest claimed by Lawndale under a certain deed in trust, which was recorded on
January 5, 1966, was inferior to that of Exchange because Exchange's title was derived through a chain of title originating
in a grant from the government of the United States, and the chain of title through which Lawndale claims did not so originate. The complaint stated that the premises had been unoccupied and vacant until March 18, 1965, at which time the appellees wrongfully
and without Exchange's consent entered into possession. The complaint prayed that Exchange's title be judged superior to any
right, title or interest Lawndale might possess and that the premises be returned to Exchange, together with nominal damages.
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