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NATIONAL BANK v. QUINN

No. 65761.

126 Ill.2d 129 (1988)

533 N.E.2d 846

NATIONAL BANK OF MONTICELLO et al., Appellees, v. FRANK M. QUINN, Appellant.

Supreme Court of Illinois.

Rehearing denied January 30, 1989.

Attorney(s) appearing for the Case

William J. McKenna, Jr., and David B. Goroff, of Hopkins & Sutter, of Chicago, for appellant.

James P. Ginzkey and Kevin P. Jacobs, of Costigan & Wollrab, P.C., of Bloomington, for appellees.

Appellate court reversed; circuit court affirmed.

JUSTICE CLARK delivered the opinion of the court:

This commercial law case presents for the court's review a question centered on an interpretation of the terms "properly payable" and "authorized" found in this State's codification of the Uniform Commercial Code (Ill. Rev. Stat. 1985, ch. 26, par. 1-101 et seq.). Specifically at issue here is a determination...

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