WALKER v. PEOPLES STATE BK. OF NEWTON

No. 77-371.

64 Ill. App.3d 500 (1978)

381 N.E.2d 749

RODNEY P. WALKER et al., Plaintiffs-Appellees, v. THE PEOPLES STATE BANK OF NEWTON, Defendant-Appellant.

Appellate Court of Illinois — Fifth District.

Rehearing denied October 17, 1978.


Attorney(s) appearing for the Case

Arnold & Weber, of Olney (Laurence L. Arnold, of counsel), for appellant.

Edward Benecki, of Gosnell, Benecki, Borden & Enloe, Ltd., of Lawrenceville, for appellees.


Affirmed in part and reversed in part.

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

This is an appeal by defendant, Peoples State Bank of Newton ("Bank"), from a declaratory judgment entered by the circuit court of Richland County following a bench trial, finding that certain promissory notes executed by the plaintiffs to the Bank as payee are void for lack of consideration and granting other relief.

The plaintiffs are a group...

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