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AURORA NAT. BANK v. ED FANNING CHEVROLET

Gen. No. 66-146.

85 Ill. App.2d 394 (1967)

229 N.E.2d 2

The Aurora National Bank of Aurora, Illinois, a Corporation, Plaintiff-Appellant, v. Ed Fanning Chevrolet, Inc., a Delaware Corporation, Defendant-Appellee.

Appellate Court of Illinois — Second District.

July 20, 1967.

Attorney(s) appearing for the Case

Tyler and Peskind, of Aurora, for appellant.

O'Brien, Burnell, Puckett & Barnett, of Aurora, for appellee.

MR. JUSTICE MORAN delivered the opinion of the court.

On August 18, 1964, the plaintiff Bank agreed to lend one David Stanley money for the purchase of a Chevrolet automobile from the defendant's automobile agency.

The plaintiff prepared its draft payable to defendant agency and stamped on the front and back of the draft the notation that a security interest lien in the amount due was to be recorded on the title application in favor of the plaintiff Bank and...

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