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FARMERS STATE BANK OF HOFFMAN v. SCHULTE

No. 5-91-0440.

608 N.E.2d 694 (1993)

241 Ill. App.3d 90

181 Ill.Dec. 621

FARMERS STATE BANK OF HOFFMAN, an Illinois Banking Corporation, Plaintiff-Appellant, v. Lloyd SCHULTE and Eva Ann Schulte, Defendants-Appellees.

Appellate Court of Illinois, Fifth District.

February 11, 1993.

Attorney(s) appearing for the Case

Sharon S. Costa, Mt. Vernon, for plaintiff-appellant.

George C. Lackey, Lackey & Lackey, P.C., Centralia, for defendants-appellees.

Justice WILLIAM A. LEWIS delivered the opinion of the court:

Plaintiff sued defendants to collect on a promissory note signed by defendants. The trial court granted a directed verdict in defendants' favor, and plaintiff appeals. We reverse and remand.

Jodi Erlinger and her husband, Brad Erlinger, sought to purchase a business known as the Hoffman House from Brad's parents. The purchase price of the business was $53,000, but after other loans of Brad and Jodi...

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