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PEPPER POT II, INC. v. IMPERIAL REALTY CO.

No. 84-1127.

133 Ill. App.3d 951 (1985)

479 N.E.2d 949

PEPPER POT II, INC., Plaintiff-Appellee, v. IMPERIAL REALTY COMPANY et al., Defendants-Appellants (The First National Bank of Highland Park, Trustee, Counterplaintiff-Appellant, v. Pepper Pot II, Inc., Counterdefendant-Appellee).

Appellate Court of Illinois — First District (2nd Division).

Rehearing denied July 2, 1985.

Attorney(s) appearing for the Case

Arvey, Hodes, Costello & Burman, of Chicago (Donald F. Spak and A. Marcy Newman, of counsel), for appellants.

Bellows & Bellows, of Chicago (Nicholas P. Iavarone and Anne Edelman Larsen, of counsel), for appellee.

Affirmed in part, and reversed in part and remanded.

JUSTICE PERLIN delivered the opinion of the court:

In February 1974, a three-year lease expiring September 30, 1977, was entered into between American National Bank & Trust Company of Chicago, as trustee under trust No. 16324, as lessor, and Normandie Inn Corporation, as lessee, for the premises located at 105 North Dearborn Street in Chicago. Paragraph 23 of that lease gave the lessee two

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