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FEEN v. RAY

No. 61430.

109 Ill.2d 339 (1985)

487 N.E.2d 619

STUART FEEN, Appellee, v. FRED RAY et al. (Zion State Bank & Trust Company, Appellant).

Supreme Court of Illinois.

Opinion filed December 20, 1985.

Attorney(s) appearing for the Case

Donald C. Lundquist, of Lundquist & Mitchell, of Zion, and Charles R. McKirdy, of Pope, Ballard, Shepard & Fowle, Ltd., of Chicago, for appellant.

Daniel K. Sinclair and Barbara B. Sinclair, of Sinclair & Sinclair, Ltd., of Zion, for appellee.

Reversed and remanded.

JUSTICE MILLER delivered the opinion of the court:

Stuart Feen, a taxpayer, filed a complaint on behalf of Zion-Benton Township High School District 126, alleging that Fred Ray and Zion State Bank and Trust Company fraudulently deprived the district of interest on district funds. Ray, a former member of the board of education of School District No. 126, was also an officer of Zion State Bank, in which most of the district's funds were...

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