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GIBRALTAR CORP. v. FLOBUDD ANTIQUES, INC.

No. 54628.

131 Ill. App.2d 545 (1971)

269 N.E.2d 515

GIBRALTAR CORPORATION, Plaintiff-Appellant, v. FLOBUDD ANTIQUES, INC. et al., Defendants-Appellees — (FLORENCE J. BUDD, Intervenor-Appellee.)

Appellate Court of Illinois — First District.

February 8, 1971.

Attorney(s) appearing for the Case

Irving Lewis, of Chicago, for appellant.

Sonnenschein, Levinson, Carlin, Nath & Rosenthal, of Chicago, (Frank C. Bernard, Edwin A. Rothschild, and Paul Horton, of counsel,) for appellees.

Amended decree reversed and cause remanded.

Mr. JUSTICE GOLDBERG delivered the opinion of the court:

Plaintiff, Gibraltar Corporation, sued to foreclose a trust deed conveying real estate in Cook County executed by defendant, Flobudd Antiques, Inc., a corporation. The trust deed secured a note executed by the corporation in the amount of $50,000.00. Defendant corporation filed an answer alleging that the loan...

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