Starkweather v. American Bible Society

Citations

• 72 Ill. 50

Syllabus

<p>1. Foreign corporations—acquiring titleto real estate. A corporation created by the laws of another State, which, by the laws of such State, can not there acquire and hold title to real estate by devise, is incapable of acquiring title to real estate, by devise, in this State.</p> <p>3. The American Bible Society being incapable, under the laws of the State of Hew York, where it was incorporated, of acquiring title to real estate by devise, can not acquire title to real estate in this State by devise; and real estate devised to it in this State is intestate estate, and descends to and vests in the heirs of the testator.</p> <p>3. Chancery—has no power to convert real estate into money, to enable a corporation to realize benefits. Where real estate is devised to a corporation incapable of acquiring title in that way, a court of chancery has no power to convert such real estate into money, and direct the payment thereof to such devisee.</p>