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Abstract

Plaintiff who was holder of a long term lease on the land and buildings in Chicago known as the Auditorium found that its plans for rebuilding so as to secure a return commensurate with its investment were seriously interfered with by the defendant lessors who took the position that wrecking the old building would constitute such waste as would work a forfeiture of the lease. The publicity of these claims, made the financial underwriters insist on a settlement of them before advances were made. Under this posture of affairs, the plaintiff filed a bill in the United States District Court for the removal of clouds on its title by securing a construction of the terms of the lease. There the bill was dismissed on the ground that there was no equity jurisdiction to hear the bill. Chicago Auditorium Assn. v. Cramer, 8 Fed. (2nd) 998. On appeal to the Circuit Court, held, that the bill stated a cause cognizable in equity as a bill to remove cloud on title. Chicago Auditorium Assn. v. Willing, (C. C. A. Ill. 1927) 20 Fed. (2nd) 837.

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