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LA THROP v. BELL FEDERAL SAVINGS & LOAN ASS'N

No. 49016.

68 Ill.2d 375 (1977)

370 N.E.2d 188

ERNEST LA THROP et al., Appellants, v. BELL FEDERAL SAVINGS & LOAN ASSOCIATION, Appellee.

Supreme Court of Illinois.

Rehearing denied November 23, 1977.

Attorney(s) appearing for the Case

Edward Atlas and Harold A. Harris, of Maremont, Lewin & Maremont, of Chicago (Sidney Z. Karasik, of counsel), for appellants.

Schumacher, Jones, Vallely, Kelly & Olson, of Chicago (Henry F. Vallely and James M. Mataya, of counsel), for appellee.

Judgments affirmed.

MR. JUSTICE MORAN delivered the opinion of the court:

The plaintiffs, Ernest and Mary La Throp, sought to represent a class of mortgagors whose mortgages from the defendant, Bell Federal Savings and Loan, are insured by the Federal Housing Authority (FHA) or the Veterans Administration (VA) and whose contracts, on FHA- or VA-prescribed forms, provide that the mortgagee will hold certain tax and insurance funds "in trust to pay" tax and...

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