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FIRST NATIONAL BANK OF VANDALIA v. TRAIL RIDGE FARM, INC.

No. 5-83-0349.

143 Ill. App.3d 244 (1986)

492 N.E.2d 1030

THE FIRST NATIONAL BANK OF VANDALIA, Plaintiff-Appellee, v. TRAIL RIDGE FARM, INC., et al., Defendants-Appellants.

Appellate Court of Illinois — Fifth District.

Opinion filed May 8, 1986.

Attorney(s) appearing for the Case

Patrick M. Flynn, of Jennings, Flynn & Guymon, of Belleville, for appellants Richard McGovern, Lucille McGovern, E. Andrew Orlet, Eileen Orlet, Donald Bergman, William Kamm, and First National Bank of Belleville.

R. Edward Veltman, Jr., of Crain, Cooksey, Veltman & Purcell, Ltd., of Centralia, for appellee.

No brief filed for Max Grinnell.

Affirmed in part and reversed in part.

PRESIDING JUSTICE KASSERMAN delivered the opinion of the court:

Defendants, Richard and Lucille McGovern, E. Andrew and Eileen Orlet, Donald Bergman, William Kamm (hereinafter referred to as the investors) and the First National Bank of Belleville, have perfected this appeal from an order of the circuit court of Fayette County which approved the final receivership accounting of defendant, Trail Ridge Farm, Inc., and discharged...

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