Rae v. Homestead Loan & Guaranty Co.
Appellate Court of Illinois
Foreclosure, of trust deed.—Trial in the Circuit Court of Cook County; the Hon. John Gibbons, Judge, presiding. Hearing and decree for complainant. Appeal by defendant.
1Opinion of the CourtJustice Horton
Appellant gave to appellee his bond, dated August 1,1895? in the penal sum of $9,800, conditioned for the payment of $4,900 and interest “ in gold coin of the United States of America of the present standard of weight and fineness.” He also, at the same time, gave a trust deed conveying certain real estate to secure the performance of the provisions of said bond. Default having been made in the payment of interest, appellee declared the principal sum secured to be paid by said bond due and payable under the provisions thereof, and filed its bill in chancery to foreclose said trust deed. To…
2Cases cited1 opinion
- Belford v. WoodwardIllinois Supreme Court · 1895
3Cited by1 opinion
- Dorr v. HunterAppellate Court of Illinois · 1899