1. Home
  2. Browse Decisions
  3. F.2d
  4. 877 F.2d
  5. 877 F.2d 1333 (1989)
 

MID-STATE FERTILIZER CO. v. EXCHANGE NAT. BANK OF CHICAGO

No. 88-2532.

877 F.2d 1333 (1989)

MID-STATE FERTILIZER CO., Lasley Kimmel, and Maxine Kimmel, Plaintiffs-Appellants, v. EXCHANGE NATIONAL BANK OF CHICAGO, et al., Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided June 19, 1989.

Attorney(s) appearing for the Case

Thomas E. Leiter, Leiter, Brady & Associates, Peoria, Ill., Douglas A. Antonik, David M. Raymond, Mount Vernon, Ill., for plaintiffs-appellants.

David L. Piercy, Howard & Howard, Mount Vernon, Ill., David N. Missner, Franklin S. Schwerin, Angel Rodriguez, Schwartz, Cooper, Kolb & Gaynor, Chicago, Ill., for defendants-appellees.

Before COFFEY, EASTERBROOK, and RIPPLE, Circuit Judges.

EASTERBROOK, Circuit Judge.

Mid-State Fertilizer Co. sold fertilizer in mid-state Illinois. It needed money to buy supplies, pay its workers, and run the business until it could collect from customers. Mid-State arranged for revolving credit from the Exchange National Bank of Chicago, which promised to lend Mid-State 70% of its inventory and receivables to a maximum of $2 million; Mid-State promised to direct its customers to make all payments to a postal box that...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases