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IN RE APPLICATION OF BICKEL

No. 57703.

14 Ill. App.3d 813 (1973)

303 N.E.2d 541

In re APPLICATION OF NICHOLAS BICKEL.

Appellate Court of Illinois — First District (4th Division).

September 26, 1973.

Attorney(s) appearing for the Case

Pauker & Griffith, of Chicago, (James D. Griffith, of counsel,) for respondents Ronald J. Mrofka and Jean E. Mrofka.

Schwartz, Cooper, Kolb & Gaynor, Chartered, of Chicago, (Ira S. Kolb and Narcisse A. Brown, of counsel,) for petitioner-appellee First Commercial Bank.

Judgment affirmed.

Mr. JUSTICE ADESKO delivered the opinion of the court:

Ronald and Jean Mrofka, husband and wife, were beneficial owners of their Lincolnwood property, title to which was in the American National Bank and Trust Company of Chicago (hereinafter called "Ambatco"), land trust No. 24256.

On March 6, 1970, the First Commercial Bank (hereinafter referred to as "First") loaned Mrofka $75,000 to buy one-half of the stock of Northwest Auto...

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