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MACMOR MORTGAGE CORP. v. EXCHANGE NAT'L BANK

No. 60301.

30 Ill. App.3d 734 (1975)

332 N.E.2d 740

MACMOR MORTGAGE CORPORATION et al., Plaintiffs, v. THE EXCHANGE NATIONAL BANK OF CHICAGO et al., Defendants. — (THE EXCHANGE NATIONAL BANK OF CHICAGO et al., Third-Party Plaintiffs-Appellants, v. BOARD OF TRUSTEES OF JUNIOR COLLEGES, Third-Party Defendant-Appellee.)

Appellate Court of Illinois — First District (4th Division).

July 9, 1975.

Attorney(s) appearing for the Case

Feiwell & Galper, of Chicago (George S. Feiwell, Michael A. Braun, and Daniel C. Meenan, Jr., of counsel), for appellants.

Arvey, Hodes, Costello & Burman, of Chicago (Irvin I. Zatz, of counsel), for appellee.

Judgment affirmed.

Mr. JUSTICE JOHNSON delivered the opinion of the court:

Third-party plaintiffs (hereafter appellants) brought consolidated actions against the Board of Trustees of Junior Colleges, District No. 508 (hereafter the Board) seeking a declaratory judgment, injunctive relief, and money damages. The third-party complaint alleged that certain precondemnation actions of the Board constituted a "taking" of private property for public use without compensation...

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