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Tilley v. Shippee

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eBook details

  • Title: Tilley v. Shippee
  • Author : Supreme Court of Illinois
  • Release Date : January 24, 1958
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 59 KB

Description

This is an appeal from a decree of the circuit court of Winnebago County in favor of the plaintiff, impressing a resulting
trust on an undivided one-third interest in real estate, the title to which had been taken in the name of the defendants.
A freehold being involved, defendants have appealed directly to this court. Plaintiff, an automobile dealer, was manager of a used car lot on property owned by the defendant Harold E. Shippee. He learned
that the Rockford Auto Auction, owned and operated by Hanley and Dwight Clark, was for sale. The auction was conducted on
approximately 8 1/4 acres of land located in an industrial and commercial area northeast of Rockford and was improved with
buildings suitable for auto auctions. Business assets, exclusive of the real estate, consisted of a sign, some fencing and
office and shop equipment valued at approximately $3,000.


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