Legal Opinion

De Korwin v. First Nat. Bank of Chicago

District Court, N.D. Illinois

Decided May 19, 1949No. General 43 C 1043PublishedCited by 15 opinions

1Opinion of the Court

IGOE, District Judge.

The subject matter of this litigation is the testamentary trust of Otto Young, who died in 1906. The trust assets, consisting of cash, securities and commercial Chicago real estate, valued by the parties at from thirty-five to eighty million dollars, are presently in the hands of the First National Bank of Chicago.

The suit, commenced in 1943, on behalf of the heirs of certain remaindermen under the trust, requires a construction in several respects of Otto Young’s will. Upon that construction. plaintiff asks an accounting and for the appointment of a successor trustee.…

2Cases cited75 opinions

  1. Trustees v. GreenoughSupreme Court of the United States · 1882
  2. Bigelow v. Old Dominion Copper Mining & Smelting Co.Supreme Court of the United States · 1912
  3. McArthur v. ScottSupreme Court of the United States · 1885
  4. Scofield v. OlcottIllinois Supreme Court · 1887
  5. Ducker v. BurnhamIllinois Supreme Court · 1893

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3Cited by15 opinions

  1. Spiegel v. Continental Illinois National BankCourt of Appeals for the Seventh Circuit · 1986
  2. Harris Trust & Savings Bank v. BeachIllinois Supreme Court · 1987
  3. De Korwin v. First Nat. Bank of Chicago De Korwin v. Koch De Korwin v. PrattCourt of Appeals for the First Circuit · 1950
  4. Margaret De Korwin, Etc. v. The First National Bank of Chicago, Etc., the First National Bank of Chicago, Trustee, Etc. v. Samuel A. RinellaCourt of Appeals for the First Circuit · 1956
  5. De Korwin v. First National Bank of ChicagoDistrict Court, N.D. Illinois · 1958

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