City National Bank & Trust Co. v. Davis Hotel Corp.

December 20, 1929, the predecessor trustee of the City National Bank & Trust Co. of Chicago filed its bill in chancery in the superior court of Cook county to foreclose a trust deed made and delivered by the Davis Hotel Corporation June 15, 1926, to secure an indebtedness of $2,500,000 represented by bonds of the same date. The bill was in the usual form and prayed for the relief usually asked in such cases and also for general relief. December 23rd thereafter a receiver was appointed.

January 24, 1935, the court, upon consideration of the report of the receiver filed January 4, 1935, entered…