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LOWER v. LANARK MUTUAL FIRE INSURANCE CO.

No. 82-489.

114 Ill. App.3d 462 (1983)

448 N.E.2d 940

MARY JEAN LOWER, Plaintiff-Appellant, v. LANARK MUTUAL FIRE INSURANCE COMPANY et al., Defendants-Appellees.

Appellate Court of Illinois — Second District.

Rehearing denied May 31, 1983.

Attorney(s) appearing for the Case

Richard A. Palmer, of Ward, Ward, Murray, Pace & Johnson, of Sterling, for appellant.

Bernard P. Reese, Jr., of Reese, Reese & Bagley, of Rockford, for appellees.

Reversed and remanded.

JUSTICE VAN DEUSEN delivered the opinion of the court:

This is a shareholders' derivative suit for recovery of certain service fees, which were allegedly misappropriated and converted by defendant secretary-treasurer (also a director) of the nominal defendant insurance company, plus interest and attorney fees, from the secretary-treasurer/director and from the other defendant directors. The trial court granted summary judgments in favor...

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