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COBB v. UPLANDS HARDWARE CORP.

Gen. No. 65-36.

68 Ill. App.2d 158 (1966)

215 N.E.2d 298

Kenneth Cobb, et al., Plaintiffs-Appellants, v. Uplands Hardware Corp., Nelson Kuntz, and Jefferson Trust & Savings Bank of Peoria, Defendants-Appellees.

Appellate Court of Illinois — Third District.

March 17, 1966.

Attorney(s) appearing for the Case

McConnell, Kennedy, McConnell & Morris, and Thomas A. Loose, all of Peoria, for appellants.

Davis, Morgan & Witherell, of Peoria, for appellees.

MR. JUSTICE MORAN delivered the opinion of the court.

The sole question presented by this appeal is whether the defendant-appellee bank is, under the particular facts of this case, an underwriter as defined by the Illinois Securities Law of 1953.

Plaintiffs-appellants filed suit against Uplands Hardware Corp., Nelson Kuntz, president of the corporation, and Jefferson Trust and Savings Bank of Peoria to recover the purchase price of certain corporate securities...

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