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NORTH BK. v. CIRCLE INVESTMENT CO.

No. 81-227.

104 Ill. App.3d 363 (1982)

432 N.E.2d 1004

NORTH BANK, Plaintiff-Appellee, v. CIRCLE INVESTMENT CO. et al., Defendants. — (ARITA VALESSARES, Defendant-Appellant.)

Appellate Court of Illinois — First District (4th Division).

Opinion filed February 4, 1982.

Attorney(s) appearing for the Case

Russell J. Hoover, of Jenner & Block, of Chicago, for appellant.

Raymond E. Stachnik, of Chicago (Abramson & Fox, of counsel), for appellee.

Judgment reversed.

JUSTICE ROMITI delivered the opinion of the court:

The plaintiff filed suit against appellant, an accommodation guarantor of a secured note and certain other parties, to receive the amount due. The trial court after hearing the evidence dismissed the jury and directed a verdict for the plaintiff. Only Valessares has appealed, contending:

1. the plaintiff's extension of time for payment without the consent of the guarantor and without...

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