W. E. Terry Lumber Co. v. Mildred Park Amusement Co.

143 Ill. App. 202, 1908 Ill. App. LEXIS 44
CourtAppellate Court of Illinois
DecidedApril 21, 1908
StatusPublished

This text of 143 Ill. App. 202 (W. E. Terry Lumber Co. v. Mildred Park Amusement Co.) is published on Counsel Stack Legal Research, covering Appellate Court of Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
W. E. Terry Lumber Co. v. Mildred Park Amusement Co., 143 Ill. App. 202, 1908 Ill. App. LEXIS 44 (Ill. Ct. App. 1908).

Opinion

Mr. Justice Ramsay

delivered the- opinion of the court.

On October 1, 1906, the W. E. Terry Lumber Com-party filed its petition against the Mildred Park Amusement Company, Niels E. Johnson and George Eeisch, alleging that pursuant to the terms of an oral contract with said Park Amusement Company it had furnished lumber and building material for the construction of certain buildings on premises known as Mildred Park, near the city of Springfield, Illinois, and that there was then due and unpaid therefor the sum of $721.48.

It was further alleged in said bill that said Johnson owned the fee simple estate in the real estate involved, subject to a lease to the Mildred Park Amusement Company, and that George Eeisch had an interest therein, the exact nature of which was unknown to the petitioner. There was the usual prayer for decree establishing and enforcing the lien.

On November 7, 1906, Frank B. lies and two others as partners under the firm name of lies Bros, filed their bill in said Circuit Court asking for the appointment of a receiver for said Park Amusement Company, alleging that the company had numerous creditors, that it was insolvent and that the property and improvements of the company would suffer from want of care unless a receiver be appointed. On the same date the court appointed William E. Fain receiver of said Park Amusement Company, with the usual powers of a receiver, who duly qualified as such.

On December 3, 1906, H. L. Greer, by leave of court, filed a petition to intervene as a lien holder, alleging that pursuant to a written contract with said Park Amusement Company he had constructed an improvement called “Figure Eight,” with cars, etc.,upon said park premises, and that there was then due him on that account the sum of $6,500 and that he had duly filed his claim for mechanic’s lien in the office of the circuit clerk of said county on the 16th day of October, 1906. In this petition Greer prayed for the establishment and enforcement of his lien, etc. On the same day the court ordered said three matters as presented by the petition to be consolidated and directed publication of notice to the creditors of the company.

On December 7, 1906, by leave of court, the E. Haas Electrical Manufacturing Company filed a petition to intervene, as a lien creditor, claiming that by virtue of an oral contract with the Park Amusement Company to furnish and supply certain electrical. apparatus, etc., said Park Amusement Company owed such, petitioner the sum of $98.22, which was then due and unpaid, praying for the establishment of its lien, etc. On the same day the causes thus presented and consolidated were referred to the master in chancery to take the evidence and report the same to the court with his conclusions.

On August 8, 1907, the master in chancery filed a preliminary report in which he found that the claims for labor,- claims for mechanic’s liens and claims of-general creditors of the said Park Amusement Company -amounted to more than $25,500, and that the value of the assets of said company was entirely inadequate to pay the same; that-said assets were unproductive and a constant expense and recommended sale of the company’s effects at an early date, as being to the best interest of-all parties concerned.

On the same day the court entered a decree approving such report of the master in chancery, finding that the court had jurisdiction of the subject-matter and all of the parties to the consolidated cause and that it was not advisable to delay a sale of the property until the relative rights of all the parties could be passed upon by the court, and ordered and decreed, that all of the property of said Park Amusement Company be forthwith sold by said receiver for cash, free of all liens, and that the receiver bring the monéy into court to be distributed under the order of the court. Pursuant to the terms of the decree of August 8, 1907, the master in chancery advertised all of the property of the Park Amusement Company for sale on August 31, 1907. •

On August 31, 1907, there was a decree rendered by the court in which the rights and interests of the parties were established and in. which the court' found that said Lumber Company and such intervening petitioners, H. L. G-reer and the R. Haas Electrical and Manufacturing Company, had specific mechanic’s- liens upon the improvements in said park as claimed in their separate bills, and also finding in detail the amounts due the other creditors of the company, naming them. In such decree the court ordered that from the proceeds of the sale of thee, property of said Park Amusement Company there be paid, first, “the costs of the consolidated cause, including the reasonable solicitor’s fees of the said receiver, H. L. Greer, the Terry Lumber Company and R. Haas Electrical and Manufacturing Company, respectively;” second, that the sum of $350 be paid to said Reisch; third, that certain labor claims (naming them) be paid; fourth, that the proceeds of the sale of the leasehold estate of said Park Amusement Company and the improvements in the making of which the lienors’ material had been used, be kept separate by the receiver, so far as not necessary to pay the claims in said decree directed paid in the former clauses, be applied to the payments of the claim of said Lumber Company, $721.48, to R. Haas Electrical Company $98.22 and to H. L. Greer, $6,500; and fifth, that the residue be distributed pro rata among the general creditors.

Sale of all the property and effects of the Park Amusement Company was made by said receiver on August 31, 1907, when Greer bought said “Figure Eight,” upon which the court had found and decreed that he had a specific lien, at the sum of $6,500, and the said Lumber Company bought the office building and other property on which it had been found it had a specific lien, at the sum of $670. The total proceeds of all other property sold amounted to a little over $1,100. Said sale was duly reported by the receiver and approved by the court.

On September 4, 1907, on motion of the receiver the cause was referred to the master in chancery to take evidence upon the amount of the receiver’s compensation and solicitor’s fees and report, in pursuance to which order the master reported that $197.50 was a reasonable and usual fee for the solicitor of H. L. Greer; that $46 was a reasonable fee for the solicitor of the Lumber Company and $15 a reasonable fee for the solicitor of the Haas Electrical Company.

On September 11, 1907, evidence was heard upon which the court rendered a decree fixing the amount of the compensation which the receiver should have at $497.50 and that of his solicitors at $500. To this order the Lumber Company and Greer excepted and this appeal followed.

Appellants claim that the decree of August 31, 1907, was final only so far as it established the rights of the various parties and was merely interlocutory as to the compensation which the receiver should have and as to the fees of his solicitors and therefore the whole matter pertaining to such allowance was still open for a hearing and determination thereof when the order of September 11, 1907, was made, and also claim that the allowance made by the court in its decree of September 11, 1907, was improperly made and excessive.

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Cite This Page — Counsel Stack

Bluebook (online)
143 Ill. App. 202, 1908 Ill. App. LEXIS 44, Counsel Stack Legal Research, https://law.counselstack.com/opinion/w-e-terry-lumber-co-v-mildred-park-amusement-co-illappct-1908.