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AMER. HERITAGE INVESTMENT CORP. v. ILL. NAT'L BK.

No. 14937.

68 Ill. App.3d 762 (1979)

386 N.E.2d 905

AMERICAN HERITAGE INVESTMENT CORPORATION, Plaintiff and Counterdefendant-Appellant, v. THE ILLINOIS NATIONAL BANK OF SPRINGFIELD et al., Defendants-Appellees. — (NATHAN HALE INVESTMENT CORPORATION, Counterplaintiff-Appellee.)

Appellate Court of Illinois — Fourth District.

Rehearing denied March 27, 1979.

Attorney(s) appearing for the Case

Robert H. Brunsman, of Springfield, for appellant.

Ensel, Jones, Blanchard & LaBarre, of Springfield, for appellees.

Order affirmed.

Mr. JUSTICE GREEN delivered the opinion of the court:

This case concerns a contract made on December 1, 1975, between plaintiff American Heritage Investment Corporation (American) and defendant Nathan Hale Investment Corporation (Hale Investment). The latter agreed to transfer to American its shares in Nathan Hale Life Insurance Co. (Hale Life) in exchange for which American agreed to pay to ...

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