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DIACOU v. PALOS STATE BANK

No. 60095.

31 Ill. App.3d 283 (1975)

334 N.E.2d 242

HARRY J. DIACOU et al., Plaintiffs-Appellees, v. PALOS STATE BANK et al., Defendants-Appellants.

Appellate Court of Illinois — First District (1st Division).

Rehearing denied September 10, 1975.

Attorney(s) appearing for the Case

Nicholas T. Kitsos and Jeffrey Schulman, both of Chicago, for appellants.

Sidley & Austin, of Chicago (Roger H. Dusberger, of counsel), for appellees.

Order reversed.

Mr. JUSTICE EGAN delivered the opinion of the court:

This is an appeal by the defendants from an order vacating a dismissal for want of prosecution.

On September 29, 1966, the plaintiffs, Harry J. Diacou and Violet Diacou, filed a two-count complaint in the chancery division of the circuit court of Cook County. The complaint alleged that the bank was given certain securities to hold as collateral for a loan made to the plaintiffs; that...

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