Legal Opinion

Gale v. Carter

Appellate Court of Illinois

Decided March 11, 1910No. Gen. No. 5289PublishedCited by 4 opinions

Foreclosure. Appeal from the Circuit Court of Ogle county; the Hon. Richard S. Fabrand, Judge, presiding. Heard in this court at the October term, 1909.

1Opinion of the CourtJustice Willis

On January 28, 1907, the Oregon State Bank loaned F. A. Carter $5,000 and received two notes payable two years thereafter with interest at seven per cent per annum, as evidence thereof. The notes were secured by a trust deed on real estate in Phelps’ Addition of Oregon, executed by Carter to Charles M. Gale, cashier of the bank, as trustee. The trust deed provided that the grantor was to pay the principal sum with interest, taxes and assessments and keep the buildings insured, and for a reasonable solicitor’s fee in the event of a foreclosure. Thereafter, Carter conveyed the real estate to…

2Cases cited13 opinions

  1. Gibler v. City of MattoonIllinois Supreme Court · 1897
  2. Jackson v. WarrenIllinois Supreme Court · 1863
  3. Cheeney v. Lafayette, Bloomington & Mississippi Railway Co.Illinois Supreme Court · 1873
  4. Cheney v. RicksIllinois Supreme Court · 1897
  5. Hough v. HarveyIllinois Supreme Court · 1873

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3Cited by4 opinions

  1. Chicago Title & Trust Co. v. HerlinAppellate Court of Illinois · 1939
  2. Blue Island First Securities Co. v. IrrgangAppellate Court of Illinois · 1929
  3. Union Trust & Savings Bank v. HallAppellate Court of Illinois · 1916
  4. Gale v. CarterAppellate Court of Illinois · 1911

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