Legal Opinion
In Re 168 Adams Building Corporation
District Court, N.D. Illinois
Decided March 14, 1939No. 56775PublishedCited by 12 opinions
1Opinion of the Court
EVANS, Acting District Judge.
The debtor is an Illinois corporation whose business was to operate a building located at 168 West Adams Street, Chicago, Illinois, which it owned. The building was erected by certain irresponsible promoters on borrowed moneys in the late ’20s.
After the crash of 1929, the promoters abandoned the enterprise, permitted the forfeiture of the corporate charter, and took no steps to protect those who held bonds under the first and second mortgages or who had liens, judgments, or other claims against the property.
A suit to foreclose the mortgage in the state court was…
2Cases cited8 opinions
- Panhandle Oil Co. v. Mississippi Ex Rel. KnoxSupreme Court of the United States · 1928
- Giles v. HarrisSupreme Court of the United States · 1903
- New York v. JersawitSupreme Court of the United States · 1924
- City of Springfield v. Hotel Charles Co.Court of Appeals for the First Circuit · 1936
- In Re Gould Mfg. Co.District Court, E.D. Wisconsin · 1935
3 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Arkansas Corporation Comm'n v. ThompsonSupreme Court of the United States · 1941
- In Re Monongahela Rye Liquors, Inc.Court of Appeals for the Third Circuit · 1944
- In the Matter of Century Vault Company, Inc., Bankrupt, Harold J. Connor, Trustee in BankruptcyCourt of Appeals for the Third Circuit · 1969
- In Re Hankey Baking CompanyDistrict Court, W.D. Pennsylvania · 1954
- In re Denver & R. G. W. R.District Court, D. Colorado · 1939
7 more not listed; retrieve them via the Exa API.