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PETERSON INDUS. v. LAKE VIEW TRUST & SAV. BANK

Nos. 78-1181, 78-1244.

584 F.2d 166 (1978)

PETERSON INDUSTRIES, INC., Plaintiff-Appellee, Cross-Appellant, v. LAKE VIEW TRUST AND SAVINGS BANK, Defendant-Appellant, Cross-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided August 30, 1978.

Attorney(s) appearing for the Case

Marian C. Haney, Chicago, Ill., for defendant-appellant.

James E. Betke, Chicago, Ill., for plaintiff-appellee.

Before TONE and WOOD, Circuit Judges, and CAMPBELL, Senior District Judge.

PER CURIAM.

The diversity action giving rise to this appeal and cross-appeal was tried by the court without a jury, upon Peterson Industries, Inc.'s (Peterson) complaint sounding in fraud and deceit for damages. Peterson is an Arkansas company engaged in the business of supplying dressed poultry to wholesalers of that product. Lake View Trust and Savings Bank (the bank) lent money to a poultry wholesaler, Zip Poultry (Zip) with whom Peterson did business. Zip, after...

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