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CHI. FED. SAV. & LOAN ASS'N v. CACCIATORE

No. 37093.

25 Ill.2d 535 (1962)

185 N.E.2d 670

CHICAGO FEDERAL SAVINGS AND LOAN ASSOCIATION, Appellee, v. FRANK S. CACCIATORE et al., Appellees. — (UNITED STATES OF AMERICA, Appellant.)

Supreme Court of Illinois.

Opinion filed September 28, 1962.

Attorney(s) appearing for the Case

WILLIAM H. AVERY, WALTER J. CUMMINGS, JR., WILLIAM H. THIGPEN, and DAVID H. WARD, (A. EDMUND PETERSON, DANIEL S. WENTWORTH, J. LEONARD HIGLEY, and SIDLEY, AUSTIN, BURGESS & SMITH, all of Chicago, of counsel,) for appellee.

LOUIS F. OBERDORFER, Assistant Attorney General, LEE A. JACKSON and JOSEPH KOVNER, Attorneys for the Department of Justice, all of Washington, D.C., (JAMES P. O'BRIEN, United States Attorney, of counsel,) for appellant.

Judgment affirmed.

Mr. JUSTICE UNDERWOOD delivered the opinion of the court:

On May 25, 1950, the Mutual National Bank of Chicago, as trustee under a trust agreement dated December 22, 1944, known as trust no. 1371, acquired title from one Jerry C. Lorenz and his wife to a single-family residence in Chicago. On March 8, 1957, Mutual National, as such trustee borrowed $28,500 from Chicago Federal Savings and Loan Association evidenced by its promissory note...

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