Legal Opinion
Chicago Securities Corp. v. Lambur
Court of Appeals for the Seventh Circuit
Decided June 22, 1937No. 6075PublishedCited by 2 opinions
1Opinion of the Court
SPARKS, Circuit Judge.
This appeal challenges the validity of an order of the District Court in proceedings under section 77B of the Bankruptcy Act (11 U.S.C.A. §' 207), classifying a claim based on a void tax deed on a parity with claims of first mortgage bondholders.
The tax deed was issued December 18, 1933, to one Lawton, upon surrender of a tax certificate issued to one Marhoefer upon his payment of $2,776.08, general taxes for the year 1928 on the premises owned by the debtor in these proceedings. Four days after the issuance of the deed, the Illinois Supreme Court handed down a decision…
2Cases cited8 opinions
- Dayton v. StanardSupreme Court of the United States · 1916
- In Re 620 Church Street Building Corp.Supreme Court of the United States · 1936
- City of Chicago v. CollinIllinois Supreme Court · 1922
- Lawton v. SweitzerIllinois Supreme Court · 1933
- O'Connell v. SanfordIllinois Supreme Court · 1912
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3Cited by2 opinions
- In Re Greystone III Joint VentureUnited States Bankruptcy Court, W.D. Texas · 1989
- In Re AG Consultants Grain Division, Inc.United States Bankruptcy Court, N.D. Indiana · 1987