Chicago Title & Trust Co. v. Barnett Vincennes Hotel Corp.

On October 6, 1931, on motion of the plaintiff, Richard M. O’Brien was appointed receiver of the premises known as the Vincennes Hotel, located in Chicago. He was directed to collect the rents, manage the premises and perform the usual duties of a receiver under a complaint for the foreclosure of the lien of the trust deed. On November 14, 1936, a decree of foreclosure was entered. Pursuant to the decree, the property was sold by a master in chancery on November 14, 1936. On January 6, 1937, the court confirmed the sale and directed that the receiver continue in possession of the premises…