Chicago Title & Trust Co. v. Northwestern University

Mr.' JUSTICE McGLOON

delivered the modified opinion of the court on denial of petition for rehearing:

Plaintiffs are the assignees of the lessees of five contiguous sublots and bring this action to set aside an appraisal of said sublots made for the purpose of determining the rent to be paid on each sublot. Finding in pertinent part, that the appraisal report was void because the appraisers exceeded their authority by valuating the five sublots as a tract instead of placing a value on each of the sublots separately, the trial court ordered that summary judgment be entered in favor of plaintiffs…