La Salle National Bank v. County Board of School Trustees

This action was brought by LaSalle National Bank (Bank) as trustee on behalf of the former owners of the beneficial interest of the property to revest title in property taken by the defendant, Board of School Trustees of Du Page County (Board), pursuant to its statutory eminent domain powers (Ill. Rev. Stat. 1973, ch, 122, par. 10-22.35A). The suit further sought to enjoin the Board from transferring title to subsequent purchasers of the property, defendant MacDiarmid-Palumbo, Inc., who bought the property at a public sale. (Ill. Rev. Stat. 1973, ch. 122, par. 5-22.) The trial court granted…