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BELLEVILLE NATIONAL BANK v. ROSE

No. 83-23.

119 Ill. App.3d 56 (1983)

456 N.E.2d 281

BELLEVILLE NATIONAL BANK, Plaintiff-Appellee, v. MARVIN L. ROSE et al., Defendants-Appellants.

Appellate Court of Illinois — Fifth District.

Opinion filed November 4, 1983.

Attorney(s) appearing for the Case

Carl W. Lee, of Gundlach, Lee, Eggmann, Boyle & Roessler, of Belleville, for appellants.

Preston K. Johnson, Sr., and Preston K. Johnson, Jr., both of Belleville, and John Michael Clear and John I. Alber, both of St. Louis, Missouri (Johnson & Johnson and Bryan, Cave, McPheeters & McRoberts, of counsel), for appellee.

Judgment affirmed.

PRESIDING JUSTICE HARRISON delivered the opinion of the court:

On March 14, 1978, defendants Marvin and Virginia Rose signed a promissory note for $810,000, payable to plaintiff Belleville National Bank. The first line of the note stated that the debt was payable, "On Demand, and if no demand be made, then payable Five (5) Years after date ***." At the same time, a second note was signed, purportedly to facilitate intermediate draws on additional...

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