TITLE CO. v. WILCOX BLDG. CORP.

Nos. 23 and 24.

302 U.S. 121 (1937)

CHICAGO TITLE AND TRUST CO. v. FORTY-ONE THIRTY-SIX WILCOX BLDG. CORP.

Supreme Court of United States.

Decided November 15, 1937.


Attorney(s) appearing for the Case

Mr. Frank H. Towner, with whom Messrs. Silas H. Strawn and George W. Ott were on the brief, for petitioner.

Mr. George I. Haight, with whom Mr. Lewis E. Pennish was on the brief, for respondent.


MR. JUSTICE SUTHERLAND delivered the opinion of the Court.

Respondent was organized as a corporation under the laws of Illinois; and pursuant to those laws it was dissolved. The only property it ever owned or possessed was a building, and the land upon which it stood, situated at No. 4136 Wilcox Avenue in the City of Chicago. This property, when acquired, was subject to the lien of a first mortgage, securing bonds aggregating...

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