hicago Title and Trust Co. dates back more than 150 years through the succession of several firms and corporations that were engage in the abstract and title business in Cook County, Illinois.

The year was 1847; Chicago was booming. Almost 17,000 persons called it home... and new pioneers were streaming in steadily to grasp the opportunities for independence, which the rich prairie soil promised.

An obscure young law clerk, Edward A. Rucker, devised a system of keeping track of every recorded instrument and legal proceeding affecting real estate titles. This saved attorneys the laborious task of searching official records in connection with transfers of real property. It was a valuable service that was welcomed.

Rucker hung out his shingle in the Saloon Building... then, later that year, joined with James H. Rees in the Merchants' Exchange.

As the city grew, abstract indices similar to Rees' and Rucker's were established by J. Mason Parker in 1852, and Fernando Jones in 1863. This was the foundation of what was to become Chicago Title and Trust Co. (CT&T).

Thus, in October 1871, when the Great Chicago Fire laid waste a large portion of the city and destroyed all of the official Cook County real estate records stored in the office of the county recorder, there were three abstract firms in business - Chase Brothers and Co.; Shortall and Hoard; and Jones and Sellers.

When the fire spread into the present Loop district and consumed the public buildings and records, three companies - Shortall and Hoard, Jones and Sellers and Chase Brothers and Co. - had snatched their records from the inferno. Soon they were housed together in the untouched western outskirts of the city.

Less than three weeks after the conflagration, the Chicago Times made the following editorial statements:

"There has been absolute destruction of all legal evidence of titles to property in Cook County. The annoyance, calamity and actual distress that will arise from this misfortune are not yet properly appreciated. Something equal to the necessities of the case must be done quickly."

"We have in Chicago three firms - Shortall and Hoard, Jones and Sellers and Chase Brothers and Co. - who have saved nearly all of their papers, including the indices to every piece of property in Cook County, and actual abstracts to a large proportion of this property. We have one firm - J.H. Rees and Co. - who has saved copies of all the maps and all the plats ever made of Cook County property.

"Nobody has hesitated, heretofore, to accept their copies of the records as official - why should not some equitable plan be provided now, by which these copies, carefully compared and compiled, should become official?"

Burnt Records Act
Eventually, this consolidation took place under the somewhat expanded title of Chase Brothers, Jones, Sellers, Shortall and Hoard. In April 1872, the Burnt Records Act was passed by the Illinois Legislature, and the existing abstract records of the three companies were made admissible as evidence in all courts of record. These were part of the framework on which Chicagoans began to rebuild a greater Chicago.

The combined books were moved to a store building on the north side of Lake Street between Peoria and Green streets. After a time, the old firm turned the business and a lease of its books over to the newly organized firm of Handy, Simmons, Smith and Stocker. This firm became Handy, Simmons and Co., and this was followed by Handy and Co., under which the business was continued until 1887.

 

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