Patterson v. Northern Trust Co.
Illinois Supreme Court
Appear from the Appellate Court for the First District;— heard in that court on writ of error to the Circuit Court of Cook county; the Hon. M. F. TurEy, Judge, presiding.
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Appear from the Appellate Court for the First District;— heard in that court on writ of error to the Circuit Court of Cook county; the Hon. M. F. TurEy, Judge, presiding. On December 20, 1897, Hannah M. Williams, Helen W. S. Johnson, Fannie V. M. Johnson, Stewart Patterson and John C. Patterson executed to the Northern Trust Company, as trustee, a deed of trust to the premises at the northwest corner of Washington and State streets, Chicago, subject to a lease originally made to H. H. Kohlsaat for one hundred and two years, which lease had been previously, with the lessor’s consent, assigned…
1Opinion of the CourtJustice Carter
Appellant, who files the brief in his own behalf, contends that the court erred in entering the order of June 24, 1902, appointing the Northern Trust Company receiver, because said trust company at that time was acting as trustee under the deed of trust of December 20, 1897. While it is true that a trustee will not ordinarily be appointed receiver of the trust estate, yet if it appears that such appointment would be for the best interests of the estate the rule may be departed from. (23 Am. & Eng. Ency. of Law,—2d ed.-— p. 1035, and cases there cited.) The general rule is that the appointment…
2Cases cited7 opinions
- Foster v. Mansfield, Coldwater & Lake Michigan RailroadSupreme Court of the United States · 1892
- Davis v. DaleIllinois Supreme Court · 1894
- Stearns v. CopeIllinois Supreme Court · 1884
- Brown v. Miner, Frost & HubbardIllinois Supreme Court · 1889
- First National Bank v. BakerIllinois Supreme Court · 1896
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3Cited by19 opinions
- Patterson v. Northern Trust Co.Illinois Supreme Court · 1919
- Shedd v. PattersonIllinois Supreme Court · 1922
- Plasti-Drum Corp. v. FerrellAppellate Court of Illinois · 1979
- Allott v. American Strawboard Co.Illinois Supreme Court · 1908
- Okey, Inc. v. American National Bank & Trust Co.Appellate Court of Illinois · 1981
14 more not listed; retrieve them via the Exa API.