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FEDERAL SAVINGS & LOAN INS. CORP. v. QUINN

Gen. No. 50,407.

81 Ill. App.2d 121 (1967)

225 N.E.2d 696

Federal Savings & Loan Insurance Corporation, Plaintiff-Appellee, v. Howard B. Quinn, et al., Defendants-Appellants.

Appellate Court of Illinois — First District, Fourth Division.

Rehearing denied April 14, 1967.

Attorney(s) appearing for the Case

Samuel E. Hirsch and Solomon Sachs, of Chicago, for appellants.

McCarthy, Witry, Lyon & McCarthy, of Chicago, for appellee.

MR. JUSTICE McCORMICK delivered the opinion of the court.

On February 17, 1964, a judgment by confession in the amount of $315,902.10, was entered in favor of plaintiff, Federal Savings & Loan Insurance Corporation (hereinafter called Federal), against Howard B. Quinn and Charlotte J. Quinn (hereinafter called The Quinns). The subject matter of the judgment was a note in the amount of $300,000, executed by defendants, payable to American National Bank and Trust...

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