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TAYLOR v. CONTINENTAL ILL. NAT'L BK. & T. CO.

No. 59244.

26 Ill. App.3d 610 (1975)

325 N.E.2d 444

DAVID TAYLOR, Plaintiff-Appellee, v. CONTINENTAL ILLINOIS NATIONAL BANK AND TRUST COMPANY OF CHICAGO, Ex'r, et al., Defendant. — (CONTINENTAL ILLINOIS NATIONAL BANK AND TRUST COMPANY OF CHICAGO, Ex'r, Defendant-Appellant.)

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

Rehearing denied April 4, 1975.

Attorney(s) appearing for the Case

Sherwin & Sherwin, of Chicago (Theodore R. Sherwin and Marvin A. Brusman, of counsel), for appellant.

Harry Hoffman and Irving Hoffman, both of Chicago (Hoffman & Hoffman, of counsel), for appellee.

Judgment affirmed.

Mr. JUSTICE ADESKO delivered the opinion of the court:

David Shandling borrowed $15,100 on October 3, 1969, from David Taylor, which was to be repaid on October 24, 1969. Being unable to pay, Shandling assigned to Taylor on February 12, 1970, a $15,100 interest in a $500,000 debt due Shandling from respondent, Champion Screw Company, under a memorandum agreement dated April 15, 1969. On April 6, 1970, David Shandling died testate. Letters...

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