Chicago
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). |