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OLYMPIC FED. v. AMERICAN INTERINSURANCE EXCHANGE

No. 5-87-0862.

561 N.E.2d 226 (1990)

203 Ill. App.3d 942

148 Ill.Dec. 920

OLYMPIC FEDERAL, Plaintiff-Appellant, v. AMERICAN INTERINSURANCE EXCHANGE, Defendant-Appellee.

Appellate Court of Illinois, Fifth District.

September 17, 1990.

Attorney(s) appearing for the Case

John R. Leitz, Jr., Berwyn, Stanton D. Ernest, Fowler, Rhine, Cawley & Ernest, Mt. Carmel, for plaintiff-appellant.

No Brief filed for defendant-appellee.

Justice HOWERTON delivered the opinion of the court:

Plaintiff, Olympic Federal, a financial institution, brought an action for declaratory relief against American Interinsurance Exchange, defendant, asking the circuit court to construe a policy of insurance issued by the defendant, insuring a 1984 Thunderbird owned by Howard Hodgson and upon which plaintiff had a lien.

Plaintiff alleged: it had made a purchase...

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