Kerting v. Hilton
Appellate Court of Illinois
Memorandum.—Chancery. Bill to have an option contract declared a mortgage. Appeal from an order dismissing the bill entered by the Circuit Court of Cook County; the Hon. Lorin C. Collins, Judge, presiding. Heard in this court at the October term, 1893, and affirmed.
1Opinion of the CourtJustice Gary
The property which, with such changes as have come in the course of business, is the cause of this suit, was, on May 30, 1890, assigned by the Kerting Lithographing Co.—of which the appellant held the majority of the stock—for the benelit of creditors. It ivas bought for $2,750 by F. FT. Gage & Co. from the assignee, and by them sold FTovember 1, 1890, to I. G. Hatcher for $5,000, who had the day before made an agreement with the appellant that he might have the property on or before December 4, 1890, for $5,500. The agreement is voluminous, and contains many other stipulations not material…
2Cases cited5 opinions
- Schneider v. TurnerIllinois Supreme Court · 1889
- Corcoran v. Lehigh & Franklin Coal Co.Illinois Supreme Court · 1891
- Schneider v. TurnerAppellate Court of Illinois · 1888
- Locke v. TowlerAppellate Court of Illinois · 1891
- Corcoran v. Lehigh & Franklin Coal Co.Appellate Court of Illinois · 1891
3Cited by1 opinion
- McKeon v. WolfAppellate Court of Illinois · 1898