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ROVAK v. PARKSIDE VETERANS' HOMES PROJECT, INC.

Gen. No. 46,647.

8 Ill. App.2d 310 (1956)

132 N.E.2d 11

M. Paul Rovak and Nathan Kaplan, Doing Business as All State Painting Service, Appellants, v. Parkside Veterans' Homes Project, Inc., Lewis Shaffer and Sidney W. Mandel, Appellees.

Appellate Court of Illinois — First District, First Division.

Released for publication February 27, 1956.

Attorney(s) appearing for the Case

A.S. Frankenstein, of Chicago, for appellants.

Shaffer, Seelig, Mandel & Shapiro, of Chicago, for appellees; David E. Malfar, and Ellis Shaffer, both of Chicago, of counsel.

PRESIDING JUSTICE FRIEND delivered the opinion of the court.

M. Paul Rovak and Nathan Kaplan, doing business as All State Painting Service, brought suit against Parkside Veterans' Homes Project, Inc., hereinafter referred to as Parkside, a corporation, to recover $9200, alleged to be due them under a Standby Agreement.

It appears that Parkside was indebted to the Reconstruction Finance Corporation (RFC) in the amount of $565,000 for a loan which had been reduced...

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