National Bank v. Bergeron Cadillac, Inc.

38 Ill. App.3d 598 (1976)

347 N.E.2d 874

NATIONAL BANK OF JOLIET, Plaintiff-Appellant,

v.

BERGERON CADILLAC, INC., Defendant-Appellee.

No. 12653.

Illinois Appellate Court — Fourth District.

Opinion filed May 13, 1976.

Rehearing denied June 16, 1976.

Marvin H. Gesell and Thomas R. Iben, both of Arnold & Gesell, of Bloomington, for appellant.

Bernard E. Wall and John Naylor, both of Bloomington, for appellee.

Judgment affirmed.

Mr. PRESIDING JUSTICE TRAPP delivered the opinion of the court:

In February, 1973, the plaintiff bank became a creditor of one Schmidt with its security interest in one Cadillac…