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SAAD v. SOUTH SIDE BANK

No. 77-1180.

62 Ill. App.3d 493 (1978)

379 N.E.2d 46

GEORGE F. SAAD, Plaintiff-Appellee, v. SOUTH SIDE BANK, Defendant. — (RESERVE INSURANCE COMPANY, Third-Party Plaintiff-Appellee, v. MUHARAB MUSTAFA et al., Third-Party Defendants-Appellants.)

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

Rehearing denied August 3, 1978.

Attorney(s) appearing for the Case

Gerald A. Goldman, of Chicago, for appellants.

Daniel J. Mulcahy, of Gilmartin, Wisner & Hallenbeck, Ltd., of Chicago, for appellee Reserve Insurance Co.

Judgment affirmed.

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

The plaintiff, George F. Saad, was the payee of a bank money order, similar to a cashier's check, issued by the defendant, South Side Bank, an Illinois Banking Corporation (the Bank). The Bank refused to honor the money order when the plaintiff presented it for payment. Muhamud Mustafa, who had purchased the money order payable to the plaintiff but did not deliver it to him...

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