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CHICAGO CITY BK. & T. v. CERES TERMINALS

No. 80-686.

93 Ill. App.3d 623 (1981)

417 N.E.2d 798

CHICAGO CITY BANK & TRUST COMPANY, Trustee, Plaintiff-Appellee, v. CERES TERMINALS, INCORPORATED, Defendant-Appellant.

Appellate Court of Illinois — First District (5th Division).

Opinion filed February 20, 1981.

Attorney(s) appearing for the Case

Lord, Bissell & Brook, of Chicago (Robert A. Knuti, of counsel), for appellant.

Wexler, Siegel & Shaw, Ltd., of Chicago (Stuart Smith, of counsel), for appellee.

Judgment affirmed.

Mr. JUSTICE WILSON delivered the opinion of the court:

This appeal arises from a declaratory judgment action brought by a lessor against its lessee to construe portions of a lease; particularly, the amount of rent to be paid under the lease's renewal clause. The lessee appeals from the trial court's determination that the leased property's value is $1,875,000, contending that this amount is against the manifest weight of the evidence. The...

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