SUPREME COURT OF ILLINOIS. APRIL TERM, A.D., 1861. JOHN DEERE, VS. JAMES CHAPMAN. ARGUMENT FOR DEFENDANT IN ERROR.
[Springfield? 1861]. Caption title, as issued. Disbound. 8pp. Front wrapper remnant, else Very Good.
This case, involving the famous agricultural equipment inventor and manufacturer, became an important precedent involving the Homestead Exemption, i.e., the statutory prohibition on taking a debtor's home in payment of a debt. The Illinois Supreme Court's decision, reported at 25 Ill. 610 [1861], upheld the argument made in this brief: that the Exemption protects any interest of the debtor in the home, whether a fee simple, life estate, or term of years.
Born in Vermont, Deere received little formal education but was obviously extremely intelligent and resourceful. As a young man he settled in Moline, Illinois, where he made his fortune and reputation. Highly successful at the time of this case, Deere was probably the plaintiff in this suit to foreclose on the debtor's home.
Not located on OCLC. Item #30643
Price: $275.00