(Download) "Dept. of Public Works & Bldgs. v. Schon" by Supreme Court of Illinois # eBook PDF Kindle ePub Free
eBook details
- Title: Dept. of Public Works & Bldgs. v. Schon
- Author : Supreme Court of Illinois
- Release Date : January 28, 1969
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 71 KB
Description
The sole question here is whether, after a "quick-take" order in an eminent domain action, interest is payable on the excess
above the amount preliminarily found to be just compensation or on the amount by which the final award exceeds the amount
deposited under the order. The circuit court of Madison County held in two cases that interest was payable only on the sum by which the final award
exceeds the total amount deposited by the State. Appeals were taken to this court and we transferred them to the Appellate
Court, Fifth District, which consolidated them for opinion. That court reversed the trial court and held interest payable
on the excess of the final awards over the amounts preliminarily found to be just compensation. (96 Ill. App.2d 402.) We granted
leave to appeal.