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COMMUNITY RENEWAL v. CHI. T. & T. CO.

No. 41306.

44 Ill.2d 284 (1970)

255 N.E.2d 908

COMMUNITY RENEWAL FOUNDATION, INC., Appellee, v. CHICAGO TITLE AND TRUST COMPANY, Appellant.

Supreme Court of Illinois.

Opinion filed January 28, 1970.

Attorney(s) appearing for the Case

SONNENSCHEIN, LEVINSON, CARLIN, NATH & ROSENTHAL, of Chicago, (FRANK C. BERNARD and EDWIN A. ROTHSCHILD, of counsel,) for appellant.

WINSTON, STRAWN, SMITH & PATTERSON, of Chicago, (CALVIN SAWYIER, ROBERT B. GOLDING, and PETER O. FETZER, of counsel,) for appellee.

RAYMOND F. SIMON, CORPORATION COUNSEL, of ChiCAGO, ALLEN HARTMAN and DANIEL PASCALE, Assistant Corporation Counsel, of counsel,) for amicus curiae, City of Chicago.

SPRAY, PRICE, HOUGH & CUSHMAN, of Chicago, (JAMES A. BRODERICK, of counsel, for amicus curiae, Metropolitan Housing and Planning Council.

Judgment affirmed.

Mr. JUSTICE WARD delivered the opinion of the court:

Irving Gerick, who preceded the appellee, Community Renewal Foundation, Inc., as receiver of premises located in Chicago, brought an action against the Chicago Title and Trust Company, the appellant, for specific performance of a contract to purchase certificates which Gerick, as receiver, had been authorized to issue. A motion to dismiss the...

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