Farns Associates, Inc. v. South Side Bank
Appellate Court of Illinois
1Opinion of the Court
Mr. PRESIDING JUSTICE GOLDBERG
delivered the opinion of the court:
Farns Associates, Inc. (Farns) brought this action against South Side Bank (Bank) for an alleged conversion of $35,484.40. Both parties moved for summary judgment. The trial court granted summary judgment in favor of the Bank and denied Farns’ motion. Farns appeals.
On February 8, 1973, Farns and Patrick Brakie, doing business as Dependable Ambulance Company (Dependable), executed a loan and security agreement. Farns was given a security interest in Dependable’s accounts receivable and all proceeds thereof as collateral for loans…
2Cases cited24 opinions
- City of Evanston v. PiotrowiczIllinois Supreme Court · 1960
- Citizens National Bank v. Mid-States Development Co.Indiana Court of Appeals · 1978
- Community Bank v. JonesOregon Supreme Court · 1977
- Servbest Foods, Inc. v. Emessee Industries, Inc.Appellate Court of Illinois · 1980
- Brown & Williamson Tobacco Corp. v. First National Bank of Blue Island, a National Banking AssociationCourt of Appeals for the First Circuit · 1974
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- Insley Manufacturing Corp. v. Draper Bank & TrustUtah Supreme Court · 1986
- NBD Park Ridge Bank v. SRJ Enterprises, Inc. (In Re SRJ Enterprises, Inc.)United States Bankruptcy Court, N.D. Illinois · 1993
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