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PURITAN FINANCE CORP. v. GUMDROPS, INC.

No. 80-192.

101 Ill. App.3d 888 (1981)

428 N.E.2d 950

PURITAN FINANCE CORPORATION, Plaintiff-Appellant, v. GUMDROPS, INC., et al., Defendants-Appellees.

Appellate Court of Illinois — First District (3rd Division).

Opinion filed November 4, 1981.

Attorney(s) appearing for the Case

Liebling, Hauselman & Miller, Ltd., of Chicago, for appellant.

Myron Minuskin, of Chicago (Marshall E. Winokur, of counsel), for appellees.

Reversed and remanded.

Mr. JUSTICE WHITE delivered the opinion of the court:

This case involving a replevin action is before this court for the second time. Puritan Finance Co. brought suit against defendant, Gumdrops, Inc., seeking to recover possession of certain electronic sound equipment in which Puritan held a perfected security interest. Puritan had originally entered into a financing agreement with Bobolar Productions, Ltd., whereby Puritan made a loan...

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