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WASH. BK & T. CO. v. LANDIS CORP.

No. 82-220.

112 Ill. App.3d 182 (1983)

445 N.E.2d 430

WASHINGTON BANK AND TRUST COMPANY, Plaintiff-Appellant, v. LANDIS CORP. T/A SOFRONEY REALTORS, Defendant and Third-Party Plaintiff-Appellee. — (Executive Commercial Services, Ltd., Third-Party Defendant.)

Appellate Court of Illinois — Second District.

Opinion filed January 26, 1983.

Attorney(s) appearing for the Case

Robert R. Verchota, Keith E. Roberts, and Rodney W. Equi, all of Donovan & Roberts, of Wheaton, for appellant.

Peter A. Zamis, of Rathje, Woodward, Dyer & Burt, of Wheaton, for appellee.

Reversed and remanded.

JUSTICE LINDBERG delivered the opinion of the court:

Washington Bank and Trust Company, as assignee of an equipment lease, brought suit against Landis Corporation T/A Sofroney Realtors for sums due under the lease. After trial, the circuit court of Du Page County found in favor of Landis. The bank appeals.

On December 21, 1976, Landis entered into an equipment lease with Executive Commercial Services, Ltd. The lease provided...

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