Courts block efforts to save English

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Clipped by gozabbago

Courts block efforts to save English - English Hotel Razing Likely Court Ruling Halts...
English Hotel Razing Likely Court Ruling Halts Efforts To Stop Sale Razing of the historic English Hotel early in 1949 appeared probable yesterday after the Indiana Indiana Supreme Court cut off all last-minute last-minute last-minute efforts to prevent sale of the structure to Equitable Life Assurance Society of the United States. The insurance firm, which has offered $2,100,000 for the' property, property, plans construction of a modern modern three-story three-story three-story building on the hotel's Monument Circle site. It will be leased to the J. C. Penney Company. Irving Fauvre, Indianapolis attorney attorney for the insurance company, company, said last night that the sole would not be completed unty at least December. Wrecking crews will begin dismantling the famous famous landmark as soon as the sale is completed. THE SUPREME Court yesterday yesterday in effect approved the sole by refusing to accept transfer of a state suit to block the sale from -the -the state Appellate Court. The Appellate Court several weeks ago approved the sale. The state sought to bar trustees trustees of the Indianapolis Foundation Foundation from selling the hotel on the ground it would be a violation of the will of the late Capt. William English. English bequeathed the hotel to the foundation with the stipulation that it be used for charitable purposes. The foundation's foundation's trustees, however, contended contended it could be sold and proceeds used for charitable purposes.

Clipped from
  1. The Indianapolis Star,
  2. 15 Oct 1948, Fri,
  3. Page 1

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  • Courts block efforts to save English

    gozabbago – 19 Jun 2017

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