Bremer v. Calumet & Chicago Canal & Dock Co.

13 N.E. 837, 123 Ill. 104
CourtIllinois Supreme Court
DecidedNovember 11, 1887
StatusPublished
Cited by14 cases

This text of 13 N.E. 837 (Bremer v. Calumet & Chicago Canal & Dock Co.) is published on Counsel Stack Legal Research, covering Illinois Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Bremer v. Calumet & Chicago Canal & Dock Co., 13 N.E. 837, 123 Ill. 104 (Ill. 1887).

Opinion

Mr. Justice Mulkey

delivered the opinion of the Court:

The Calumet and Chicago Canal and Dock Company, claiming to be the owner in fee of lots 1 and 2, block 47, Iron-workers’ addition to the village of Hyde Park, brought its biH to the December term, 1885, of the Superior Court of Cook county, to have set aside, as a cloud upon its title, a deed for the same property, executed by Charles G-. Harris to the defendant Bremer. Harris purchased this, with other property of the company, receiving a warranty deed for the same, and to secure the deferred payments, executed to the company a deed of trust upon it, and subsequently sold it to other parties, through whom Bremer claims. The company repurchased the property at the trustee’s sale under the trust deed, and received from the trustee a deed therefor, which is the title it relies on in this litigation. The Superior Court, on the hear■ing, denied the specific relief prayed, hut under the prayer for general relief entered a decree permitting Harris, and those claiming under him, to redeem from the trustee’s sale, and this decree was affirmed by the Appellate Court for the First District, whence the ease is brought here for review.

The bill charges, in substance, that the complainant, on the 10th of March, 1874, being the owner in fee of the west half of the north-west quarter of section 17, town 37 north, range 15 west, of which the lots in question are a part, by its deed of that date, for the consideration of $40,000 paid and to be paid, sold and conveyed the same in fee to Charles G. Harris, said deed being duly recorded on the 28th of May then next following; that to secure the unpaid purchase money, the said Harris delivered to complainant his three promissory notes of that date, for the sum of $10,000 each, payable, respectively, March 12, 1875, March 12, 1876, and March 12, 1877, with interest thereon at the rate of ten. per cent per annum; that to secure said notes, the said Harris executed a deed of trust upon the purchased premises to George W. Smith, as trustee, authorizing him to sell the same upon default of payment of said indebtedness, or any part thereof; that said trust deed bore date March 12, 1874, and was recorded on May 28th next following; that Harris- and one William H. Colehour, on the 10th of March, 1875, conveyed, by warranty deed of that date, the south twenty acres of the eighty-acre tract in question to George H. Sturgis, in trust for Samuel Hale, Joseph H. Brown and Joseph T. Torrence, which deed was recorded June 5, 1875; that on the 16th of October, 1875, Harris made, acknowledged and caused to be recorded a plat of the remaining sixty acres of said land, to be known and designated as the Ironworkers’ addition to the village of Hyde Park, which plat was duly approved by the corporate authorities of said village; that on November 6, 1875, by deed of that date, recorded November 26,1875, Harris conveyed the entire eighty-acre tract to the said William H. Colehour; that the latter, on the said 6th day of November, 1875, conveyed the lots in question to John Bremer, plaintiff in error; that Harris having made default in the payment of the first note, the whole indebtedness was declared due, as provided in the trust deed, and the trustee, at the request of the company, proceeded to advertise and sell the property, including the lots in question ; that the same was sold and struck off to the company on the 25th of April, 1876, for the sum of $30,000, and Smith, the trustee, thereupon executed to the company a deed, in due form, for the premises, which was properly recorded on the 17th of May, 1876. Bremer answered, and also filed a cross-bill, making the company, and his grantor, William H. Cole-hour, parties. The latter, on appearing, also filed a cross-hill, making the company, Bremer, Charles W. Colehour and Edward Boby parties defendant.

All these parties claim through Harris, and adversely to the company. Their defence to the company’s hill, and their claim for relief under their respective cross-bills, depend substantially upon the same alleged state of facts. They all concede that the original agreement with respect to the purchase of the property provided for the conveyance of it by the company to Harris, and for the making of the trust deed and the three notes by him to the company, as charged in the original hill, with the qualification that the notes were to bear no interest until after due, when, as all parties agree, they were to bear ten per cent per annum. On the other hand, the company claims they were to draw eight per cent interest from date till due, and the notes produced by them in evidence are so drawn. To this it is rejoined by plaintiffs in error, that these notes are not the ones prepared under the original agreement ; that, on the contrary, they were executed and delivered under a subsequent agreement, which annulled the former one, and was adopted by the parties in lieu of it.

It is claimed by plaintiffs in error, and is so set up in their pleadings, that the Smith trust deed, and the three notes secured by it, (which, as they allege, were drawn without interest until after due,) were drawn up and signed by the proper parties, and placed in the hands of the secretary of the company until certain incumbrances upon the property could be removed j that before this was done, the parties entered into a a new agreement annulling the former one, and that in consequence of it there never was any delivery of the Smith trust deed or the series of notes belonging to it. By the new and substituted agreement, Harris, as is alleged, was to execute to the company, for the deferred payments, his three promissory notes, for $10,000 each, bearing date March 12,1874:, payable at the company’s office in one, two and three years, respectively, with interest at the rate of eight per cent per annum till due, and ten per cent per annum after due, “to be secured by a mortgage, without power of sale, to A. S. Downs, the secretary of the company, as trustee, securing $875 of said principal, with the interest to grow due thereon, on each of said blocks of said land of five acres each, with the provision that any lot or lots of such subdivision should, from time to time, be released from the lien of said mortgage upon the payment of $50 of said principal, with interest thereon, for each lot so released.” This substituted agreement, it is alleged, was fully carried out, though in attempting to do so, as is claimed, Harris, by mistake, acknowledged the Smith trust deed instead of the Downs mortgage, but that on discovering the mistake, the latter was also acknowledged and delivered to the company. It is further charged that the first series of notes belonging to the Smith trust deed was returned by the company to Harris, and by him destroyed, but that the company, though promising to do so, failed to return the deed. The defendant in error contends that this entire defence and claim for relief under the cross-bills is without any foundation in fact.

The evidence upon the facts, outside of the conveyances referred to in the pleadings, is conflicting; but in the view we take of the case it will not be necessary to determine upon which side of the controversy the truth is to he found. Nor will it be necessary to consider a number of other matters in the record which counsel have discussed in the briefs.

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Bluebook (online)
13 N.E. 837, 123 Ill. 104, Counsel Stack Legal Research, https://law.counselstack.com/opinion/bremer-v-calumet-chicago-canal-dock-co-ill-1887.