FARMERS STATE BANK SOMONAUK v. NATIONAL BANK OF EARLVILLE

No. 3-91-0805.

596 N.E.2d 173 (1992)

230 Ill. App.3d 881

172 Ill.Dec. 894

FARMERS STATE BANK OF SOMONAUK, an Illinois banking corporation, Plaintiff-Appellant, v. NATIONAL BANK OF EARLVILLE, a National banking corporation, Defendant-Appellee.

Appellate Court of Illinois, Third District.

July 7, 1992.


Attorney(s) appearing for the Case

Daniel J. Kramer (argued), Law Office of Daniel J. Kramer, Yorkville, for Farmers State Bank of Somonauk.

Alan Marsh (argued), White Marsh Anderson Brusatte Vickers & Deobler, Ottawa, for Nat. Bank of Earlville.


Justice SLATER delivered the opinion of the court:

Plaintiff, Farmers State Bank of Somonauk, initiated an action against defendant, First State Bank of Earlville, for conversion of a certain check, alleging that it represented proceeds of collateral in which plaintiff had a perfected security interest. The trial court granted defendant's motion for summary judgment. Plaintiff appeals and we affirm.

In November, 1986, plaintiff entered into two loan and security...

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