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SCOT LAD FOODS v. FIRST BANK & TR. CO.

No. 5-88-0460.

190 Ill. App.3d 773 (1989)

546 N.E.2d 1168

SCOT LAD FOODS, INC., Plaintiff-Appellee, v. FIRST BANK AND TRUST COMPANY, Defendant-Appellant.

Appellate Court of Illinois — Fifth District.

Opinion filed November 13, 1989.

Attorney(s) appearing for the Case

Donald G. Musick and Warren N. Loar IV, both of Musick & Mitchell, P.C., of Mt. Vernon, for appellant.

Donald V. Ferrell and Michal Doerge, both of Jelliffe, Ferrell & Morris, of Harrisburg, for appellee.

Judgment affirmed.

JUSTICE GOLDENHERSH delivered the opinion of the court:

Plaintiff, Scot Lad Foods, Inc., filed this action for declaratory judgment to have the circuit court determine the respective rights of the plaintiff and defendant, First Bank and Trust Co., in the proceeds from a sale of collateral in which both parties had a perfected security interest. The circuit court found for plaintiff. Defendant appeals and raises the following issues: whether...

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