PEOPLE v. CHICAGO TITLE & TRUST CO.

No. 50870.

75 Ill.2d 479 (1979)

389 N.E.2d 540

THE PEOPLE OF THE STATE OF ILLINOIS, Appellant-Appellee, v. CHICAGO TITLE AND TRUST COMPANY et al., Appellees-Appellants.

Supreme Court of Illinois.

Rehearing denied May 30, 1979.


Attorney(s) appearing for the Case

Bernard Carey, State's Attorney, of Chicago (Paul P. Biebel, Jr., Deputy State's Attorney and Henry A. Hauser, Nancy Kraject, and Michael F. Baccash, Assistant State's Attorneys, of counsel), for the People.

Concannon, Dillon, Snook & Morton, of Chicago (William R. Dillon and John B. Dillon, of counsel), for appellee Chicago Title & Trust Co.

Chapman & Cutler, of Chicago (Keehn Landis and Richard G. Smolev, of counsel), for appellee Harris Trust and Savings Bank.

Jenner & Block, of Chicago (Richard T. Franch and William C. Staszak, of counsel), for appellee Cosmopolitan National Bank of Chicago.

Friedman & Koven and Feiwell, Galper & Lasky, Ltd. (James K. Gardner and Daniel C. Meenan, Jr., of counsel), all of Chicago, for appellee American National Bank & Trust Co.

Stanley J. Adelman, of Sonnenschein, Carlin, Nath & Rosenthal and Bowles & Ward (Clyde O. Bowles, Jr., of counsel), all of Chicago, for appellee La Salle National Bank.

Peter V. Baugher, of Schiff, Hardin & Waite; Morris G. Dyner, of Fischel & Kahn; Alan S. Rutkoff, of Altheimer & Gray; and Richard T. Wimmer, of Collins & Amos, all of Chicago, for appellee land trust beneficiaries.

Bernard Allen Fried, Jack Du Bow, and Jerome Feldman, of Chicago, for other appellee land trust beneficiaries.

William H. Avery, George A. Platz, and Sidley & Austin, of Chicago, for amici curiae Corporate Fiduciaries Association of Illinois et al.


Affirmed in part and reversed in part and remanded.

MR. JUSTICE RYAN delivered the opinion of the court:

This case is a consolidation of six separate actions brought in the name of the People of the State of Illinois to recover unpaid real estate taxes on land held in land trusts. The State seeks to impose personal liability for the real estate taxes on three entities: the banks or trust companies in their individual...

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