[DOWNLOAD] "Urban v. Lois" by Supreme Court of Illinois # Book PDF Kindle ePub Free

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eBook details

• Title: Urban v. Lois
• Author : Supreme Court of Illinois
• Release Date : January 26, 1963
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 57 KB

Description

This is a proceeding pursuant to section 72 of the Civil Practice Act to set aside two tax deeds brought by S. Urban, Jr., a mortgagee, against Lois, Inc., the holder of the tax deeds. The county court of Cook County set aside the tax deeds on the ground that Urban had not been personally served with notice of the petition for tax deeds. From this order the respondent, Lois, Inc., appeals directly to this court. This appeal involves important questions relating to the scope of section 72 in tax-deed proceedings. This case was commenced upon the county collector's application for judgment and order of sale for 1958 delinquent general real-estate taxes. On July 7, 1960, pursuant to the judgment and order of sale of the county court, the subject property, which was owned by John and Melba Jones, was sold in two separate parcels to respondent's predecessor in title, Interstate Bond Company, for unpaid 1958 general real-estate taxes and certificates of purchase issued therefor. Normally, the two-year period of redemption from the above tax sale would expire two years from the date of sale or on July 7, 1962. The period of redemption, however, was extended to November 15, 1962, pursuant to section 263 of the Revenue Act (Ill. Rev. Stat. 1961, chap. 120, par. 744) which authorizes the holder of the certificate of purchase to extend the period of redemption.

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