Denegre v. Walker
Illinois Supreme Court
Appeal from the Appellate Court for the First District;— heard in that court on appeal from the Superior Court of Cook county; the Hon. Theodore BrenTano, Judge, pre- ■ siding.
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Appeal from the Appellate Court for the First District;— heard in that court on appeal from the Superior Court of Cook county; the Hon. Theodore BrenTano, Judge, pre- ■ siding. It appears from the record in this case that Silas B. Cobb died April 5,1900, leaving a last will and testament, which is made a part of the bill,, which will was duly probated in the county court of Cook county on May 16, 1900. Among other properties devised by the testator and now held by the trustees is real estate situated, on the west side of Dearborn street, in the city of Chicago, between Madison street and…
1Opinion of the Court
Mr. ChiEE Justice Ricics
delivered the opinion of the court:
We think the first clause of the will, which reads, “I direct my said trustees to care for, rent and manage my real property, to pay all taxes, assessments and insurance thereon, and to make all necessary repairs, in their discretion,” gave the trustees, under the directions of a court of chancery, (if not without its aid,) power to make the lease. A court of chancery has, to some extent, a general supervision over trust estates, and may direct such a disposition as in its discretion seems beneficial to all parties interested, even…
2Cases cited2 opinions
- Hale v. HaleIllinois Supreme Court · 1893
- Marsh v. ReedIllinois Supreme Court · 1900
3Cited by23 opinions
- In Re Johns-Manville Corp.United States Bankruptcy Court, S.D. New York · 1984
- Pearce v. PearceSupreme Court of Alabama · 1917
- Upham v. PlankintonWisconsin Supreme Court · 1913
- Adams v. CookCalifornia Supreme Court · 1940
- Bennett v. Nashville Trust Co.Tennessee Supreme Court · 1912
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