City of Chicago v. R. R. Building Corp.

On February 19, i960, the city of Chicago filed its petition to condemn certain property owned by Jens P. Nielsen and Martha M. Nielsen, his wife. Thereafter the parties agreed that the value of the property was $132,000, and in accordance with the agreement a jury was impaneled which returned a verdict finding that amount to be the just compensation for the property. On May 19, i960, judgment was entered on the verdict, and subsequently, on a date that is not specified in the record, the city deposited the sum of $132,000 with the county treasurer of Cook County. Pursuant to statute, real…