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WALLACE v. MALOOLY

No. 33182.

4 Ill.2d 86 (1954)

122 N.E.2d 275

WILLIAM M. WALLACE et al., Appellees, v. JAMES A. MALOOLY et al., Appellants.

Supreme Court of Illinois.

Rehearing denied November 15, 1954.

Attorney(s) appearing for the Case

BROWNING & PARKIN, of Chicago, (J. ROY BROWNING, and WARREN W. BROWNING, of counsel,) for appellants.

SEYFARTH & ATWOOD, and VICTOR NEUMARK, both of Chicago, (BENTON ATWOOD, of counsel,) for appellees.

Decree affirmed.

Mr. JUSTICE HERSHEY delivered the opinion of the court:

This is an appeal from a decree of the superior court of Cook County invalidating a transfer of trust property to a corporation, ordering that said transfer be set aside and the property reconveyed to the trustee, who was directed to sell the same and distribute the net proceeds among the persons entitled thereto, and ordering two of the trust managers to return $1000 paid them. A freehold...

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