Davis v. Oliver

Daisy Davis filed her bill of review in the circuit court of McHenry county to set aside a foreclosure proceeding. It appears appellant and her husband were the owners of certain subdivision property consisting of a large number of unimproved lots; that, in 1927, two deeds of trust were executed to Lynn Richards, trustee, covering most of said lots, to secure one loan of $25,000 and a second loan of $7662.93; that, in 1930, all lots described in said two mortgages were conveyed by appellant to the Woodstock State Bank, as trustee, for the purpose of carrying out the terms of a certain trust…