[Download] "Peo. Ex Rel. Kucharski v. Loop Mtge. Co." by Supreme Court of Illinois * eBook PDF Kindle ePub Free

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eBook details

• Title: Peo. Ex Rel. Kucharski v. Loop Mtge. Co.
• Author : Supreme Court of Illinois
• Release Date : January 26, 1969
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 66 KB

Description

Appellant, Edmund J. Kucharski, county treasurer and ex-officio county collector of Cook County, appeals directly to this
court (revenue being involved) from a judgment of the circuit court of Cook County granting appellee, Loop Mortgage Company,
(hereinafter referred to as Loop) a refund of the purchase price of land acquired at a tax sale. On October 29, 1965, the county collector made application for judgment and order of sale of the subject property under the
Scavenger Act. (Ill. Rev. Stat. 1967, ch. 120, par. 716a.) Taxes were delinquent on the property for the years 1931 through
1963. On November 5, 1965, Loop purchased the property at public auction for $300. Because the property was registered under
the Torrens Act, it was necessary to record the tax sale certificate of purchase on the Torrens register within one year of
purchase in accordance with section 82 of the Torrens Act. (Ill. Rev. Stat. 1967, ch. 30, pa. 119.) Loop, however, registered
the certificate on January 19, 1967, approximately 14 months after the sale.

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