Rocco v. Chicago City Bank & Trust Co.

Mr. Presiding Justice Matchett

delivered the opinion of the court.

Complainant filed a bill to foreclose a trust deed by which certain described premises were conveyed to the defendant trust company to secure an indebtedness of $130,000 represented by 190 notes. She averred that she was the owner of three of these notes for $1,000 each; that the same were in default; and asked that she might be decreed to represent all the holders of the notes.

The trust deed provides that in case of default then the whole principal sum shall at once, at the option of the holder of said principal note, become…