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BECKER v. KILLARNEY

No. 3-87-0714.

177 Ill. App.3d 793 (1988)

532 N.E.2d 931

G. RAYMOND BECKER et al., Plaintiffs-Appellants, v. THOMAS KILLARNEY et al., Defendants-Appellees.

Appellate Court of Illinois — Third District.

Rehearing denied February 7, 1989.

Attorney(s) appearing for the Case

Bartley, Fraser, Parkhurst & Hession, of Peoria (John C. Parkhurst, of counsel), for appellants.

Heyl, Royster, Voelker & Allen, of Peoria, and Naomi H. Schuster and Kimberly A. Opasinski, both of Sosin & Schuster, Ltd., of Alsip (Timothy L. Bertschy, of counsel), for appellees.

Reversed and remanded.

JUSTICE SCOTT delivered the opinion of the court:

It is rare that parties come together, form a partnership, and plan to lose money in their endeavor. Nevertheless, the old saw teaches that the "best laid plans of mice and men" will occasionally go awry. This is the legal culmination of just such an ill-fated endeavor.

Prior to June 1975, First Federal Savings and Loan Association of Peoria advanced money for the expansion of...

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