Ayers v. Chicago
Supreme Court of the United States
Appeal from the Circuit Court of the United States for the Northern District of Illinois. The facts are stated in the opinion of the court.
1Opinion of the CourtChief Justice Waite
On the 27th of December, 1873, David A. Gage and Eliza M., his wife, citizens of Illinois, conveyed to George Taylor, also a citizen of Illinois, a large quantity of real estate in Cook County, Illinois, in trust to secure the city of Chicago, an Illinois municipal corporation, against loss by reason of the indebtedness of Gage as treasurer of the city. The trustee was authorized to take possession of-and manage the property, collect the income, pay taxes, &c., and, under the direction and with the concurrence of the comptroller of the city, sell and convey the property as soon as it could be…
2Cases cited3 opinions
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- Merchants' Cotton Press & Storage Co. v. Insurance Co. of North AmericaSupreme Court of the United States · 1894
- Hanna v. HopeOregon Supreme Court · 1917
- Winters v. EthellSupreme Court of the United States · 1889
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