In Re Estate of Wayne

This proceeding was instituted on March 27, 1967, by the Executrix of the Estate of Robert Wayne under Section 72 of the Civil Practice Act (Ill. Rev. Stat. 1967, ch. 110, par. 72), to vacate an order entered by the Probate Division of the Circuit Court on December 23, 1965, which approved an agreement dated December 1, 1965, for the sale to Dorance Enterprises, Inc., of all the assets of the Fred Astaire Dance Studios, Inc. (hereinafter referred to as the Wayne Corporation) an Illinois corporation solely owned by the Estate of Robert Wayne. After an evidentiary hearing, the petition to…