Advertisement

No Headline

The Chicago University has new complications. Stephen A. Douglas gave land for the institution on condition that it never be sold or alienated, but the corporation mortgaged the premises for $150,000, and now some men who paid $1,000 each for scholarships ask the courts to declare the mortgage void on the ground that it was not warranted by the terms of the gift, that the title was in the trustees and not in the corporation, and that the mortgaging was a fraud upon the petitioners and the public. [Ex.

Advertisement
Advertisement