Price v. State of Illinois

delivered the opinion of the court: The State appeals from an order of the circuit court of Cook County finding that plaintiff was the trustee of an active express trust for the benefit of the shareholders of several dissolved corporations and that since the shareholders could not be located, the trust corpus, less a trustee’s fee and attorneys’ fees, escheated to the State under the Uniform Disposition of Unclaimed Property Act (Ill. Rev. Stat. 1977, ch. 141, par. 101 et seq.). The sole issue for review is whether the trial court’s finding that there was an active express trust is against…