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LYONS SAV. AND LOAN ASS'N v. GEODE CO.

No. 85 C 1873.

641 F.Supp. 1313 (1986)

LYONS SAVINGS AND LOAN ASSOCIATION, an Illinois Banking Corporation, Plaintiff, v. GEODE CO., a/k/a Geode Company, an Arizona General Partnership, E. Russell Riggs, Betty M. Riggs, Bradford R. Riggs, Anne Riggs, Robert C. Riggs, Sheree Riggs, Thomas S. Davies and Christine Davies, as individuals, Defendants.

United States District Court, N.D. Illinois, E.D.

August 12, 1986.

Attorney(s) appearing for the Case

Douglas Drenk, Guerard, Konewko & Drenk, Ltd., Wheaton, Ill., for plaintiff.

William M. Stevens, Rooks, Pitts & Poust, Chicago, Ill., for defendants.

MEMORANDUM OPINION AND ORDER

ASPEN, District Judge:

A loan contract between plaintiff Lyons Savings and Loan Association ("Lyons"), an Illinois banking corporation, and Geode Company ("Geode"), an Arizona general partnership, has resulted in this hotly contested diversity lawsuit. In our opinion, we deal with five pre-trial motions filed by the parties. First, Lyons has moved for summary judgment on Count I of its complaint seeking declaratory relief under...

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