Watt v. Cecil

The superior court of Cook county entered a decree foreclosing a trust deed in the nature of a mortgage. The trust deed was given to the Citizens State Bank of Chicago, as trustee. A constitutional question brings the cause directly to this court on appeal by Lucy Rooney, one of the owners of the property involved.

Section 1 of “An act to revise the law in relation to banks and banking,” adopted by referendum in 1920, (111. Rev. Stat. 1937, chap, ióji, par. 1,) authorizes banks to accept and execute trusts. Appellant claims that section is unconstitutional because the power conferred is not…