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WHEATON NAT'L BANK v. AARVOLD

No. 74-396.

38 Ill. App.3d 658 (1976)

348 N.E.2d 520

WHEATON NATIONAL BANK, Trustee, Plaintiff-Appellee, v. LORRAINE AARVOLD, Defendant-Appellant — (THE SAVINGS AND PROFIT SHARING PENSION FUND OF SEARS ROEBUCK & COMPANY EMPLOYEES et al., Defendants; MICHAEL AARVOLD, a Minor, et al., Defendants-Appellees).

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

Opinion filed May 28, 1976.

Attorney(s) appearing for the Case

Theodore W. Wrobleski, of Barclay, Damisch & Sinson, of Chicago, for appellant.

Alexander J. Burek, of Burek & Field, Thomas C. Kelleghan, and Roger K. O'Reilly, all of Wheaton, for appellees.

Judgment affirmed.

Mr. JUSTICE HALLETT delivered the opinion of the court:

The appellant and appellees in this case are all claiming to be entitled, directly or indirectly, to the proceeds of a life insurance policy on the life of John O. Aarvold, Jr., and to the stock and cash due under a Sears Roebuck and Co. Savings and Profit Sharing Fund. Both the policy and the Fund listed as the designated beneficiary the Wheaton National Bank as trustee under trust...

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