MID-CITY NAT'L BANK v. MAR BUILDING CORP.

No. 60589.

33 Ill. App.3d 1083 (1975)

339 N.E.2d 497

MID-CITY NATIONAL BANK OF CHICAGO, Plaintiff-Appellant, v. MAR BUILDING CORPORATION et al., Defendants-Appellees.

Appellate Court of Illinois — First District (2nd Division).

Rehearing denied December 17, 1975.


Attorney(s) appearing for the Case

Warren E. King and Howard M. Brandstein, both of Chicago, for appellant.

M.C. Elden, of Chicago, for appellees.


Reversed and remanded.

Mr. JUSTICE LEIGHTON delivered the opinion of the court:

The case before us is a controversy between a bank and a corporate depositor concerning the right of the bank to apply money on deposit to a debt that had been guaranteed by the depositor and which had become due. This controversy arose when the depositor, in a foreclosure proceeding, filed a petition asking the court to order return to the depositor of money which the bank had...

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