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CENTRAL NAT'L BK. v. ALEXANDER MARKETING

No. 76-625.

47 Ill. App.3d 58 (1977)

361 N.E.2d 766

CENTRAL NATIONAL BANK IN CHICAGO, Plaintiff-Appellee, v. ALEXANDER MARKETING, INC., et al., Defendants-Appellants.

Appellate Court of Illinois — First District (3rd Division).

Opinion filed March 16, 1977.

Attorney(s) appearing for the Case

Heidelberger, Leibsker & Gallagher, of Chicago (Edward N. Morris, of counsel), for appellants.

Ashcraft & Ashcraft, of Chicago (Thomas C. Berg, of counsel), for appellee.

Judgment affirmed.

Mr. PRESIDING JUSTICE SIMON delivered the opinion of the court:

The complaint filed by Central National Bank in Chicago alleged that the defendants, Alexander Marketing, Inc., and its principal shareholder and president, Ron Alexander, owed the bank $30,000 plus interest. The defendants acknowledged this indebtedness, but counterclaimed, alleging that the plaintiff owed them approximately $150,000 as compensation for actual and projected...

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