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OKEY, INC. v. AMER. NAT'L BK. & TRUST CO.

No. 80-1738.

96 Ill. App.3d 987 (1981)

422 N.E.2d 221

OKEY, INC., Plaintiff-Appellant, v. AMERICAN NATIONAL BANK AND TRUST COMPANY, Trustee, Defendant-Appellee.

Appellate Court of Illinois — First District (2nd Division).

Opinion filed June 2, 1981.

Attorney(s) appearing for the Case

Joseph Sconza and Herbert Lesser, both of Chicago, for appellant.

Henry J. Oliveri, Jr., of Chicago, for appellee.

Reversed and remanded.

Mr. JUSTICE STAMOS delivered the opinion of the court:

Plaintiff Okey, Inc., brought an action for a declaratory judgment in the circuit court of Cook County. Plaintiff occupied property as a tenant under a lease agreement executed with lessor American National Bank. Plaintiff lessee sought a declaration of the validity of its exercise of an option to purchase contained in the lease agreement. Lessor contended, however, that the option...

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