John T. HENRY and Evelyn I. Henry, Plaintiffs,
v.
FARMER CITY STATE BANK, an Illinois Banking Corporation, George E. Drake, Dean Bright, Richard K. Drake, Robert E. Drake, Stuart B. Drake, F. Dick Maxwell, Ortheldo A. Peithman, Beryl W. Rutledge, James E. Tobin, William A. Rutledge, Ronald L. Vance, Cheryl Dawson, John N. Stevens, Stephen Peters, Donald Massey, James W. Evans, Terry Scott, City of Farmer City, a municipal corporation, Marvin Haycraft, James Richmond, Bill Perhay, Bill Perhay Chevrolet Inc., Phillip R. Lamkin, Raymond Moss, Obermeyer Transfer Co., Dennis Johnson, Oscar Ogle, and the Champaign National Bank, a National Banking Association, Defendants.
United States District Court, C.D. Illinois, Springfield Division.https://leagle.com/images/logo.png
December 17, 1985.
December 17, 1985.
Attorney(s) appearing for the Case
Jack C. Vieley, Peoria, Ill., for plaintiffs.
Carol J. Hansen Fines, Giffin, Winning, Lindner, Cohen & Bodewes, Springfield, Ill., for Phillip Lamkin.
Howard W. Small, Thomas, Mamer & Haughey, Champaign, Ill., for Stephen Peters & Donald Massey.
Wayne L. Hanold, James Morrison, Arthur G. Greenberg, Daniel L. Johns, Westervelt, Johnson, Nicoll & Keller, Peoria, Ill., for other defendants.
James C. Kearns, Heyl, Royster, Voelker & Allen, Urbana, Ill., for James Evans.
Rudasill & Rudasill, Clinton, Ill., for Obermeyer Transfer Co. & Marvin Haycraft.
Gregory Gammage, Gammage Law Offices, Farmer City, Ill., for James Richmond.
Arnold F. Blockman, Jerome P. Lyke, Hatch, Blockman, McPheters & Fehrenbacher, Champaign, Ill., for Terry Scott & City of Farmer City, & Donald Massey.
John Naylor, Naylor, Mueller & Willard, Bloomington, Ill., for Bill Perhay and Bill Perhay Chevrolet, Inc.
William A. Peithmann, Farmer City, Ill., for Farmer City State Bank, G. Drake, Dean Bright, Rich Drake, Robert Drake, St. Drake, F. Maxwell, Ortheldo Peithmann, Beryl Rutledge, J. Tobin, W. Rutledge, R. Vance, C. Dawson, D. Johnson, O. Ogle.
Susan M. Hickman, Charles H. Cole, Hinshaw, Culbertson, Moelmann, Hoban & Fuller, Springfield, Ill., for Raymond Moss.
United States District Court, C.D. Illinois, Springfield Division.
OPINION AND ORDER OF DISMISSAL
MILLS, District Judge.
Is a RICO violation alleged here?
Absolutely not.
Plaintiffs' claim arises out of an ordinary mortgage foreclosure in state court. The defendant mortgagors purportedly forged a "letter of direction" to the Plaintiffs' land trustee, which directed the trustee to place a second mortgage on Plaintiffs' oil and tire company to help secure a prior indebtedness worth $345,000. The bank subsequently...
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