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MAGNA FIRST NAT'L BK. & TR. CO. v. BK. OF ILL.

No. 5-89-0053.

195 Ill. App.3d 1015 (1990)

553 N.E.2d 64

MAGNA FIRST NATIONAL BANK AND TRUST COMPANY, Plaintiff-Appellant, v. BANK OF ILLINOIS IN MT. VERNON, Defendant-Appellee.

Appellate Court of Illinois — Fifth District.

Opinion filed March 27, 1990.

Attorney(s) appearing for the Case

Joel A. Kunin and Steven M. Wallace, both of Carr, Korein, Schlichter, Tillery, Kunin & Montroy, of East St. Louis, for appellant.

Douglas A. Antonik and David M. Raymond, both of Law Office of Douglas A. Antonik, of Mt. Vernon, for appellee.

Judgment affirmed.

PRESIDING JUSTICE LEWIS delivered the opinion of the court:

The plaintiff, the Magna First National Bank and Trust Company, had sued the defendant, the Bank of Illinois in Mt. Vernon, for conversion of the proceeds of the sale of the inventory of Moll Furniture Company, Inc. (the debtor), in which the plaintiff had a perfected security interest under the Uniform Commercial Code-Secured Transactions...

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