Wohlhuter v. St. Charles Lumber & Fuel Co.

Plaintiff, Charles F. Wohlhuter, appealed from the judgment of the circuit court of Kane County entered in favor of defendants, Ivan L. Anderson, Annette Anderson, Stanley D. Lee and Anne P. Lee, in plaintiff’s action to recover on a promissory note. The appellate court reversed (25 Ill. App. 3d 812) and we allowed defendants’petition for leave to appeal. The opinion of the appellate court sets forth the facts and they are restated here only to the extent necessary to discuss the issues.

Defendants were the owners of all of the outstanding shares of the capital stock of St. Charles Lumber &…