City of Chicago v. Empire Liquidating Corp.

The Empire Liquidating Corporation has appealed from an order and judgment of the superior court of Cook county extending the lien of a special assessment and refunding securities issued in anticipation of the collection of installments thereof for payment of the cost of paving and improvement of a portion of Pratt avenue in the city of Chicago. The petition for extension and refunding was filed under the provisions of section 86a and 86b of the Local Improvement act. (Ill. Rev. Stat. 1937, chap. 24, pars. 792a, 792b.) The third installment of the assessment remains delinquent. Because of…