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ANTONIDES v. PLASCON, INC.

No. 81-208.

103 Ill. App.3d 78 (1981)

430 N.E.2d 532

H.J. ANTONIDES et al., Plaintiffs-Appellees, v. PLASCON, INC., et al., Defendants-Appellants.

Appellate Court of Illinois — Third District.

Rehearing denied February 1, 1982.

Attorney(s) appearing for the Case

Laurence J. Dunford, of Chicago, for appellants.

Vincent P. Paulauskis, of Nutting, Thacker, Sacks & Paulauskis, Ltd., of Kankakee, for appellees.

Judgment affirmed.

JUSTICE BARRY delivered the opinion of the court:

Defendants Plascon, Inc., and William Reiland, present owner of Plascon, appeal from a summary judgment in favor of plaintiffs, H.J. Antonides and others, in an action on a note in the circuit court of Kankakee County.

This litigation arose out of plaintiffs' sale of the stock and assets of Plascon to defendant Reiland. The total sale price was $84,000 with $60,000 paid in cash at...

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