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FEDERAL S. & L. INS. v. LA SALLE NAT. BANK

Gen. No. 66-23.

78 Ill. App.2d 408 (1966)

222 N.E.2d 533

Federal Savings & Loan Insurance Corporation, Plaintiff-Appellee, v. La Salle National Bank, Trustee Under Trust No. 28171, and Howard B. Quinn, et al., Defendants-Appellants.

Appellate Court of Illinois — Second District.

Rehearing denied February 15, 1967.

Attorney(s) appearing for the Case

Samuel E. Hirsch, and Boodell, Sears, Foster, Sugrue & Crowley, all of Chicago, for appellants.

Gomberg, Levin & Rosen, and Sidney Z. Karasik, all of Chicago, for appellee.

MR. PRESIDING JUSTICE MORAN delivered the opinion of the court.

The instant case was filed to foreclose three mortgages in default involving some eleven hundred acres of farmland in Lake County. Hillside Savings and Loan Association, the original mortgagee, underwent voluntary liquidation and plaintiff, a corporation of the United States, succeeded to the interest of Hillside Savings and Loan. The defendant-trustee...

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